	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,004	£14,214	£14,427	£14,788	£15,158	£72,591
Total Expenses	£9,944	£9,978	£10,009	£10,056	£10,103	£50,090
Profit Before Tax	£4,060	£4,236	£4,418	£4,732	£5,054	£22,501
Profit After Tax	£3,288	£3,431	£3,579	£3,833	£4,094	£18,226
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£3,291	£8,432	£12,504	£15,710	£12,368	£52,304
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	4%	11%	16%	21%	16%	69%