	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,112	£17,454	£17,891	£18,338	£18,796	£89,591
Total Expenses	£13,915	£13,961	£14,015	£14,071	£14,128	£70,091
Profit Before Tax	£3,197	£3,493	£3,875	£4,267	£4,669	£19,500
Profit After Tax	£2,589	£2,829	£3,139	£3,456	£3,782	£15,795
Change In Property Value	£8,850	£9,116	£15,648	£19,717	£20,900	£74,230
Net Return	£11,439	£11,945	£18,787	£23,173	£24,681	£90,026
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	11%	12%	18%	23%	24%	88%