	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,628	£14,847	£15,070	£15,447	£15,833	£75,825
Total Expenses	£9,202	£9,237	£9,269	£9,317	£9,367	£46,392
Profit Before Tax	£5,426	£5,611	£5,801	£6,130	£6,467	£29,434
Profit After Tax	£4,395	£4,545	£4,699	£4,965	£5,238	£23,841
Change In Property Value	£4,500	£9,180	£11,934	£12,531	£9,210	£47,355
Net Return	£8,895	£13,725	£16,633	£17,496	£14,448	£71,196
Return From Rental Income (%)	6%	7%	7%	7%	8%	35%
Total Net Return (%)	13%	20%	24%	26%	21%	104%