	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,476	£13,678	£13,883	£14,230	£14,586	£69,854
Total Expenses	£10,265	£10,335	£10,397	£10,473	£10,552	£52,023
Profit Before Tax	£3,211	£3,343	£3,486	£3,757	£4,034	£17,831
Profit After Tax	£2,601	£2,708	£2,824	£3,043	£3,268	£14,443
Change In Property Value	£5,375	£9,917	£12,666	£14,577	£10,301	£52,837
Net Return	£7,976	£12,624	£15,490	£17,621	£13,569	£67,280
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	12%	19%	24%	27%	21%	112%