	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,040	£14,321	£14,607	£14,972	£15,347	£73,287
Total Expenses	£12,090	£12,168	£12,237	£12,316	£12,396	£61,206
Profit Before Tax	£1,950	£2,153	£2,370	£2,657	£2,951	£12,081
Profit After Tax	£1,580	£1,744	£1,920	£2,152	£2,390	£9,786
Change In Property Value	£8,099	£13,902	£17,517	£18,568	£16,402	£74,488
Net Return	£9,678	£15,646	£19,437	£20,720	£18,792	£84,273
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	14%	23%	28%	30%	27%	123%