	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,276	£18,550	£19,014	£19,489	£20,074	£95,403
Total Expenses	£14,490	£14,563	£14,653	£14,744	£14,845	£73,295
Profit Before Tax	£3,786	£3,987	£4,361	£4,745	£5,229	£22,108
Profit After Tax	£3,067	£3,229	£3,533	£3,844	£4,235	£17,908
Change In Property Value	£8,062	£8,304	£15,681	£18,047	£19,130	£69,225
Net Return	£11,129	£11,533	£19,214	£21,891	£23,365	£87,132
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	13%	14%	23%	27%	28%	106%