	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,460	£14,677	£14,897	£15,269	£15,651	£74,955
Total Expenses	£11,329	£11,401	£11,464	£11,543	£11,623	£57,359
Profit Before Tax	£3,131	£3,276	£3,433	£3,727	£4,028	£17,596
Profit After Tax	£2,536	£2,654	£2,781	£3,019	£3,262	£14,252
Change In Property Value	£6,125	£11,301	£14,433	£16,612	£11,739	£60,209
Net Return	£8,661	£13,954	£17,215	£19,630	£15,001	£74,462
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	100%