	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	£11,892	£11,961	£12,044	£12,128	£12,221	£60,245
Profit Before Tax	£3,708	£3,873	£4,186	£4,507	£4,914	£21,189
Profit After Tax	£3,004	£3,137	£3,391	£3,651	£3,980	£17,163
Change In Property Value	£6,300	£6,489	£12,253	£14,103	£14,949	£54,094
Net Return	£9,304	£9,626	£15,644	£17,754	£18,929	£71,256
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	15%	15%	24%	28%	30%	111%