	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,940	£15,164	£15,392	£15,776	£16,171	£77,443
Total Expenses	£11,377	£11,449	£11,513	£11,593	£11,675	£57,608
Profit Before Tax	£3,563	£3,715	£3,879	£4,183	£4,495	£19,835
Profit After Tax	£2,886	£3,009	£3,142	£3,388	£3,641	£16,066
Change In Property Value	£6,125	£11,301	£14,433	£16,612	£11,739	£60,209
Net Return	£9,011	£14,310	£17,575	£20,000	£15,380	£76,276
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	12%	19%	24%	27%	21%	102%