	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,600	£15,834	£16,230	£16,636	£17,135	£81,434
Total Expenses	£12,050	£12,120	£12,202	£12,287	£12,379	£61,039
Profit Before Tax	£3,550	£3,714	£4,027	£4,349	£4,755	£20,395
Profit After Tax	£2,875	£3,008	£3,262	£3,522	£3,852	£16,520
Change In Property Value	£6,420	£6,613	£12,487	£14,371	£15,233	£55,124
Net Return	£9,295	£9,621	£15,749	£17,894	£19,085	£71,644
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	14%	15%	24%	27%	29%	110%