	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,728	£13,934	£14,143	£14,497	£14,859	£71,160
Total Expenses	£10,612	£10,683	£10,745	£10,822	£10,901	£53,762
Profit Before Tax	£3,116	£3,251	£3,398	£3,675	£3,958	£17,398
Profit After Tax	£2,524	£2,633	£2,753	£2,976	£3,206	£14,092
Change In Property Value	£5,625	£10,378	£13,255	£15,255	£10,781	£55,294
Net Return	£8,149	£13,012	£16,008	£18,232	£13,987	£69,387
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	27%	20%	101%