	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	£13,200	£13,271	£13,357	£13,444	£13,541	£66,813
Profit Before Tax	£3,600	£3,781	£4,121	£4,471	£4,912	£20,885
Profit After Tax	£2,916	£3,062	£3,338	£3,621	£3,979	£16,917
Change In Property Value	£2	£2	£4,799	£8,566	£11,399	£24,770
Net Return	£2,918	£3,065	£8,138	£12,188	£15,378	£41,687
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	4%	4%	11%	17%	21%	57%