	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	£11,591	£11,625	£11,657	£11,705	£11,753	£58,331
Profit Before Tax	£2,809	£2,991	£3,178	£3,501	£3,833	£16,312
Profit After Tax	£2,275	£2,423	£2,574	£2,836	£3,105	£13,213
Change In Property Value	£5,999	£12,238	£15,909	£16,705	£12,278	£63,129
Net Return	£8,274	£14,661	£18,484	£19,541	£15,383	£76,342
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	9%	16%	20%	21%	16%	82%