	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	£13,080	£13,149	£13,232	£13,316	£13,409	£66,187
Profit Before Tax	£2,520	£2,685	£2,998	£3,319	£3,726	£15,247
Profit After Tax	£2,041	£2,175	£2,428	£2,689	£3,018	£12,350
Change In Property Value	£7,199	£7,414	£14,001	£16,114	£17,081	£61,808
Net Return	£9,240	£9,589	£16,429	£18,802	£20,098	£74,159
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	23%	26%	28%	102%