	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,200	£16,443	£16,854	£17,275	£17,794	£84,566
Total Expenses	£13,142	£13,212	£13,296	£13,382	£13,477	£66,510
Profit Before Tax	£3,058	£3,231	£3,558	£3,893	£4,317	£18,056
Profit After Tax	£2,477	£2,617	£2,882	£3,153	£3,497	£14,626
Change In Property Value	£7,200	£7,416	£14,004	£16,117	£17,084	£61,821
Net Return	£9,677	£10,033	£16,886	£19,271	£20,581	£76,447
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	105%