	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,700	£14,920	£15,144	£15,523	£15,911	£76,199
Total Expenses	£11,623	£11,657	£11,690	£11,738	£11,787	£58,495
Profit Before Tax	£3,078	£3,263	£3,455	£3,785	£4,124	£17,704
Profit After Tax	£2,493	£2,643	£2,798	£3,066	£3,340	£14,340
Change In Property Value	£7,500	£13,838	£17,674	£20,341	£14,374	£73,726
Net Return	£9,993	£16,481	£20,472	£23,406	£17,714	£88,066
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	11%	18%	22%	25%	19%	94%