	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,400	£17,661	£18,103	£18,555	£19,112	£90,830
Total Expenses	£12,469	£12,541	£12,628	£12,717	£12,815	£63,169
Profit Before Tax	£4,932	£5,120	£5,475	£5,838	£6,297	£27,662
Profit After Tax	£3,995	£4,148	£4,435	£4,729	£5,100	£22,406
Change In Property Value	£2	£2	£4,400	£7,854	£10,452	£22,710
Net Return	£3,997	£4,150	£8,835	£12,583	£15,552	£45,116
Return From Rental Income (%)	6%	6%	7%	7%	8%	33%
Total Net Return (%)	6%	6%	13%	19%	23%	67%