	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,200	£13,398	£13,599	£13,939	£14,287	£68,423
Total Expenses	£8,899	£8,931	£8,961	£9,006	£9,051	£44,847
Profit Before Tax	£4,302	£4,467	£4,638	£4,933	£5,236	£23,576
Profit After Tax	£3,484	£3,618	£3,757	£3,996	£4,241	£19,097
Change In Property Value	£5,500	£10,148	£12,961	£14,916	£10,541	£54,066
Net Return	£8,984	£13,766	£16,717	£18,912	£14,782	£73,162
Return From Rental Income (%)	5%	5%	6%	6%	6%	29%
Total Net Return (%)	13%	21%	25%	28%	22%	109%