	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,824	£17,160	£17,589	£18,029	£18,480	£88,083
Total Expenses	£12,299	£12,344	£12,398	£12,453	£12,509	£62,004
Profit Before Tax	£4,525	£4,816	£5,191	£5,576	£5,971	£26,079
Profit After Tax	£3,665	£3,901	£4,205	£4,517	£4,837	£21,124
Change In Property Value	£7,650	£7,879	£13,526	£17,043	£18,066	£64,164
Net Return	£11,315	£11,780	£17,731	£21,560	£22,902	£85,288
Return From Rental Income (%)	5%	5%	5%	6%	6%	26%
Total Net Return (%)	14%	15%	22%	27%	29%	106%