	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,608	£13,812	£14,019	£14,370	£14,729	£70,538
Total Expenses	£10,343	£10,413	£10,475	£10,552	£10,630	£52,413
Profit Before Tax	£3,265	£3,399	£3,544	£3,818	£4,099	£18,125
Profit After Tax	£2,645	£2,753	£2,871	£3,093	£3,320	£14,681
Change In Property Value	£5,425	£10,009	£12,784	£14,713	£10,397	£53,328
Net Return	£8,070	£12,762	£15,655	£17,806	£13,717	£68,010
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	12%	19%	24%	27%	21%	112%