	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,028	£14,309	£14,595	£14,960	£15,334	£73,224
Total Expenses	£10,803	£10,881	£10,951	£11,029	£11,109	£54,773
Profit Before Tax	£3,225	£3,427	£3,644	£3,931	£4,225	£18,451
Profit After Tax	£2,612	£2,776	£2,952	£3,184	£3,422	£14,946
Change In Property Value	£6,900	£11,845	£14,925	£15,820	£13,974	£63,464
Net Return	£9,512	£14,621	£17,876	£19,004	£17,396	£78,410
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	13%	20%	25%	26%	24%	109%