	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,640	£14,860	£15,082	£15,460	£15,846	£75,888
Total Expenses	£11,184	£11,256	£11,320	£11,399	£11,480	£56,640
Profit Before Tax	£3,456	£3,603	£3,763	£4,060	£4,366	£19,248
Profit After Tax	£2,799	£2,919	£3,048	£3,289	£3,536	£15,591
Change In Property Value	£5,999	£11,068	£14,136	£16,269	£11,497	£58,968
Net Return	£8,798	£13,986	£17,184	£19,558	£15,033	£74,559
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	12%	19%	24%	27%	21%	102%