	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,168	£18,441	£18,902	£19,374	£19,955	£94,839
Total Expenses	£14,906	£14,979	£15,068	£15,159	£15,260	£75,373
Profit Before Tax	£3,262	£3,461	£3,833	£4,215	£4,695	£19,466
Profit After Tax	£2,642	£2,804	£3,105	£3,414	£3,803	£15,768
Change In Property Value	£8,385	£8,637	£16,309	£18,770	£19,896	£71,996
Net Return	£11,027	£11,440	£19,414	£22,184	£23,699	£87,764
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	22%	26%	27%	102%