	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,792	£16,029	£16,430	£16,840	£17,346	£82,436
Total Expenses	£13,220	£13,290	£13,373	£13,458	£13,551	£66,892
Profit Before Tax	£2,572	£2,739	£3,057	£3,382	£3,794	£15,544
Profit After Tax	£2,083	£2,219	£2,476	£2,740	£3,074	£12,591
Change In Property Value	£7,290	£7,509	£14,179	£16,319	£17,298	£62,594
Net Return	£9,373	£9,727	£16,655	£19,058	£20,371	£75,185
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	23%	26%	28%	102%