	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,200	£13,464	£13,733	£14,077	£14,429	£68,902
Total Expenses	£8,899	£8,937	£8,975	£9,019	£9,065	£44,895
Profit Before Tax	£4,302	£4,527	£4,759	£5,057	£5,363	£24,007
Profit After Tax	£3,484	£3,667	£3,855	£4,096	£4,344	£19,446
Change In Property Value	£6,600	£11,330	£14,276	£15,132	£13,367	£60,705
Net Return	£10,084	£14,997	£18,130	£19,229	£17,711	£80,151
Return From Rental Income (%)	5%	5%	6%	6%	6%	28%
Total Net Return (%)	15%	22%	27%	28%	26%	117%