	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,800	£17,052	£17,478	£17,915	£18,453	£87,698
Total Expenses	£13,289	£13,326	£13,379	£13,434	£13,498	£66,926
Profit Before Tax	£3,511	£3,726	£4,099	£4,482	£4,955	£20,773
Profit After Tax	£2,844	£3,018	£3,320	£3,630	£4,013	£16,826
Change In Property Value	£5,600	£5,712	£11,652	£15,148	£15,906	£54,018
Net Return	£8,444	£8,730	£14,973	£18,778	£19,919	£70,844
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	10%	10%	17%	22%	23%	82%