	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	£13,996	£14,067	£14,152	£14,240	£14,336	£70,791
Profit Before Tax	£2,805	£2,985	£3,326	£3,675	£4,116	£16,908
Profit After Tax	£2,272	£2,418	£2,694	£2,977	£3,334	£13,695
Change In Property Value	£3	£3	£5,200	£9,282	£12,352	£26,839
Net Return	£2,274	£2,421	£7,894	£12,259	£15,686	£40,535
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	3%	10%	15%	20%	51%