	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,556	£14,774	£14,996	£15,371	£15,755	£75,452
Total Expenses	£10,965	£10,999	£11,031	£11,079	£11,128	£55,203
Profit Before Tax	£3,591	£3,775	£3,965	£4,292	£4,627	£20,250
Profit After Tax	£2,909	£3,058	£3,211	£3,476	£3,748	£16,402
Change In Property Value	£5,600	£11,424	£14,851	£15,594	£11,461	£58,930
Net Return	£8,509	£14,482	£18,063	£19,070	£15,209	£75,333
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	10%	17%	21%	22%	18%	87%