	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,472	£14,689	£14,909	£15,282	£15,664	£75,017
Total Expenses	£11,008	£11,080	£11,143	£11,222	£11,303	£55,757
Profit Before Tax	£3,464	£3,609	£3,766	£4,060	£4,361	£19,260
Profit After Tax	£2,806	£2,923	£3,051	£3,289	£3,533	£15,601
Change In Property Value	£2	£4,700	£8,390	£11,164	£7,778	£32,034
Net Return	£2,808	£7,623	£11,440	£14,453	£11,310	£47,635
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	11%	16%	20%	16%	67%