	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,784	£15,006	£15,231	£15,612	£16,002	£76,634
Total Expenses	£11,309	£11,344	£11,377	£11,425	£11,475	£56,929
Profit Before Tax	£3,475	£3,662	£3,854	£4,186	£4,527	£19,705
Profit After Tax	£2,815	£2,966	£3,122	£3,391	£3,667	£15,961
Change In Property Value	£5,800	£11,832	£15,382	£16,151	£11,871	£61,035
Net Return	£8,615	£14,798	£18,504	£19,542	£15,538	£76,996
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	10%	16%	21%	22%	17%	86%