	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	£13,004	£13,075	£13,160	£13,248	£13,344	£65,831
Profit Before Tax	£3,796	£3,977	£4,318	£4,667	£5,108	£21,867
Profit After Tax	£3,075	£3,222	£3,497	£3,780	£4,138	£17,712
Change In Property Value	£2	£2	£4,700	£8,390	£11,164	£24,259
Net Return	£3,077	£3,224	£8,198	£12,170	£15,302	£41,971
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	4%	5%	11%	17%	21%	59%