	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,012	£15,237	£15,466	£15,852	£16,249	£77,816
Total Expenses	£11,207	£11,280	£11,343	£11,424	£11,506	£56,760
Profit Before Tax	£3,805	£3,958	£4,122	£4,428	£4,742	£21,056
Profit After Tax	£3,082	£3,206	£3,339	£3,587	£3,841	£17,055
Change In Property Value	£5,988	£11,047	£14,109	£16,239	£11,475	£58,858
Net Return	£9,069	£14,253	£17,448	£19,826	£15,317	£75,913
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	12%	20%	24%	27%	21%	104%