	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,040	£14,251	£14,464	£14,826	£15,197	£72,778
Total Expenses	£10,430	£10,464	£10,496	£10,542	£10,590	£52,522
Profit Before Tax	£3,610	£3,787	£3,969	£4,284	£4,607	£20,256
Profit After Tax	£2,924	£3,067	£3,215	£3,470	£3,731	£16,407
Change In Property Value	£5,300	£10,812	£14,056	£14,758	£10,847	£55,773
Net Return	£8,224	£13,879	£17,270	£18,228	£14,579	£72,180
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	10%	17%	21%	22%	18%	89%