	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,564	£18,935	£19,409	£19,894	£20,391	£97,193
Total Expenses	£15,362	£15,445	£15,536	£15,628	£15,720	£77,691
Profit Before Tax	£3,202	£3,490	£3,873	£4,266	£4,671	£19,502
Profit After Tax	£2,593	£2,827	£3,137	£3,455	£3,783	£15,796
Change In Property Value	£8,700	£8,961	£15,383	£19,383	£20,546	£72,972
Net Return	£11,293	£11,788	£18,520	£22,838	£24,329	£88,769
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	12%	13%	20%	25%	26%	96%