	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	£13,082	£13,151	£13,234	£13,318	£13,411	£66,197
Profit Before Tax	£2,518	£2,683	£2,996	£3,317	£3,724	£15,237
Profit After Tax	£2,040	£2,173	£2,427	£2,687	£3,016	£12,342
Change In Property Value	£7,200	£7,416	£14,004	£16,117	£17,084	£61,821
Net Return	£9,240	£9,589	£16,431	£18,804	£20,100	£74,164
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	23%	26%	28%	102%