	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	£14,491	£14,565	£14,654	£14,745	£14,846	£73,301
Profit Before Tax	£3,785	£3,986	£4,360	£4,744	£5,228	£22,102
Profit After Tax	£3,066	£3,228	£3,532	£3,843	£4,234	£17,903
Change In Property Value	£8,063	£8,305	£15,683	£18,049	£19,132	£69,233
Net Return	£11,129	£11,533	£19,214	£21,892	£23,367	£87,135
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	13%	14%	23%	27%	28%	106%