	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,864	£16,102	£16,505	£16,917	£17,425	£82,812
Total Expenses	£12,402	£12,437	£12,488	£12,540	£12,602	£62,470
Profit Before Tax	£3,462	£3,665	£4,016	£4,377	£4,823	£20,343
Profit After Tax	£2,804	£2,968	£3,253	£3,545	£3,906	£16,478
Change In Property Value	£5,200	£5,304	£10,820	£14,066	£14,770	£50,160
Net Return	£8,004	£8,272	£14,073	£17,611	£18,676	£66,637
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	10%	10%	18%	22%	23%	84%