	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,240	£18,605	£19,070	£19,547	£20,035	£95,497
Total Expenses	£13,631	£13,679	£13,737	£13,795	£13,855	£68,697
Profit Before Tax	£4,609	£4,925	£5,333	£5,751	£6,181	£26,799
Profit After Tax	£3,733	£3,990	£4,320	£4,659	£5,006	£21,707
Change In Property Value	£8,550	£8,807	£15,118	£19,048	£20,191	£71,714
Net Return	£12,283	£12,796	£19,438	£23,707	£25,198	£93,422
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	14%	14%	21%	26%	28%	103%