	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,256	£14,470	£14,687	£15,054	£15,430	£73,897
Total Expenses	£11,900	£11,934	£11,966	£12,013	£12,061	£59,873
Profit Before Tax	£2,356	£2,536	£2,721	£3,041	£3,369	£14,024
Profit After Tax	£1,908	£2,054	£2,204	£2,463	£2,729	£11,359
Change In Property Value	£7,750	£12,710	£18,175	£20,918	£14,782	£74,336
Net Return	£9,658	£14,764	£20,379	£23,381	£17,511	£85,695
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	10%	15%	21%	24%	18%	88%