	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,040	£14,251	£14,464	£14,826	£15,197	£72,778
Total Expenses	£10,270	£10,303	£10,335	£10,381	£10,429	£51,718
Profit Before Tax	£3,771	£3,948	£4,130	£4,445	£4,768	£21,060
Profit After Tax	£3,054	£3,198	£3,345	£3,600	£3,862	£17,059
Change In Property Value	£6,500	£11,993	£15,317	£17,629	£12,458	£63,896
Net Return	£9,554	£15,190	£18,662	£21,229	£16,319	£80,954
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	12%	19%	23%	27%	21%	102%