	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,120	£15,347	£15,577	£15,966	£16,366	£78,376
Total Expenses	£11,234	£11,307	£11,371	£11,451	£11,534	£56,897
Profit Before Tax	£3,886	£4,040	£4,206	£4,515	£4,832	£21,479
Profit After Tax	£3,148	£3,272	£3,407	£3,657	£3,914	£17,398
Change In Property Value	£4,800	£9,792	£12,730	£13,366	£9,824	£50,512
Net Return	£7,948	£13,064	£16,137	£17,023	£13,738	£67,910
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	11%	18%	22%	23%	19%	93%