	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,516	£15,749	£15,985	£16,385	£16,794	£80,429
Total Expenses	£12,014	£12,087	£12,152	£12,233	£12,317	£60,802
Profit Before Tax	£3,502	£3,662	£3,833	£4,151	£4,477	£19,626
Profit After Tax	£2,837	£2,966	£3,105	£3,363	£3,627	£15,897
Change In Property Value	£6,575	£12,131	£15,494	£17,832	£12,601	£64,633
Net Return	£9,412	£15,097	£18,599	£21,195	£16,228	£80,530
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	26%	20%	100%