	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,200	£25,578	£26,217	£26,873	£27,679	£131,547
Total Expenses	£20,874	£20,923	£20,998	£21,074	£21,166	£105,034
Profit Before Tax	£4,326	£4,655	£5,220	£5,799	£6,514	£26,513
Profit After Tax	£3,504	£3,771	£4,228	£4,697	£5,276	£21,476
Change In Property Value	£9,000	£9,180	£18,727	£24,345	£25,563	£86,815
Net Return	£12,504	£12,951	£22,955	£29,042	£30,839	£108,291
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	9%	9%	16%	20%	21%	74%