	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,116	£16,358	£16,767	£17,186	£17,701	£84,128
Total Expenses	£13,927	£13,997	£14,081	£14,167	£14,261	£70,434
Profit Before Tax	£2,189	£2,360	£2,686	£3,019	£3,440	£13,694
Profit After Tax	£1,773	£1,912	£2,175	£2,445	£2,787	£11,092
Change In Property Value	£7,800	£8,034	£15,171	£17,460	£18,508	£66,973
Net Return	£9,573	£9,946	£17,346	£19,906	£21,295	£78,065
Return From Rental Income (%)	2%	2%	3%	3%	4%	14%
Total Net Return (%)	12%	13%	22%	25%	27%	98%