	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,952	£15,176	£15,404	£15,789	£16,184	£77,505
Total Expenses	£9,395	£9,430	£9,463	£9,512	£9,562	£47,364
Profit Before Tax	£5,557	£5,746	£5,941	£6,277	£6,621	£30,141
Profit After Tax	£4,501	£4,654	£4,812	£5,084	£5,363	£24,414
Change In Property Value	£4,600	£9,384	£12,199	£12,809	£9,415	£48,407
Net Return	£9,101	£14,038	£17,011	£17,893	£14,778	£72,821
Return From Rental Income (%)	6%	7%	7%	7%	8%	35%
Total Net Return (%)	13%	20%	24%	26%	21%	104%