	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,956	£17,295	£17,727	£18,171	£18,625	£88,774
Total Expenses	£12,709	£12,755	£12,809	£12,864	£12,920	£64,058
Profit Before Tax	£4,247	£4,540	£4,919	£5,307	£5,705	£24,717
Profit After Tax	£3,440	£3,678	£3,984	£4,298	£4,621	£20,020
Change In Property Value	£7,950	£8,189	£14,057	£17,712	£18,774	£66,682
Net Return	£11,390	£11,866	£18,041	£22,010	£23,395	£86,702
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	14%	14%	22%	26%	28%	104%