	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,356	£13,556	£13,760	£14,104	£14,456	£69,232
Total Expenses	£10,382	£10,452	£10,513	£10,589	£10,667	£52,603
Profit Before Tax	£2,974	£3,105	£3,247	£3,514	£3,789	£16,629
Profit After Tax	£2,409	£2,515	£2,630	£2,847	£3,069	£13,469
Change In Property Value	£5,475	£10,101	£12,901	£14,848	£10,493	£53,819
Net Return	£7,884	£12,616	£15,531	£17,695	£13,562	£67,288
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	27%	20%	101%