	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,400	£14,616	£14,835	£15,206	£15,586	£74,644
Total Expenses	£10,679	£10,751	£10,814	£10,893	£10,973	£54,111
Profit Before Tax	£3,721	£3,865	£4,021	£4,313	£4,613	£20,533
Profit After Tax	£3,014	£3,131	£3,257	£3,494	£3,736	£16,632
Change In Property Value	£4,500	£9,180	£11,934	£12,531	£9,210	£47,355
Net Return	£7,514	£12,311	£15,191	£16,024	£12,946	£63,987
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	11%	18%	22%	23%	19%	93%