	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,336	£15,566	£15,800	£16,195	£16,599	£79,495
Total Expenses	£11,899	£11,972	£12,036	£12,118	£12,201	£60,226
Profit Before Tax	£3,437	£3,594	£3,763	£4,077	£4,398	£19,269
Profit After Tax	£2,784	£2,911	£3,048	£3,302	£3,563	£15,608
Change In Property Value	£6,500	£11,993	£15,317	£17,629	£12,458	£63,896
Net Return	£9,284	£14,904	£18,365	£20,931	£16,020	£79,504
Return From Rental Income (%)	4%	4%	4%	4%	4%	20%
Total Net Return (%)	12%	19%	23%	26%	20%	100%