	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,172	£14,385	£14,600	£14,965	£15,339	£73,462
Total Expenses	£10,657	£10,728	£10,790	£10,869	£10,949	£53,992
Profit Before Tax	£3,515	£3,657	£3,810	£4,097	£4,391	£19,469
Profit After Tax	£2,847	£2,962	£3,086	£3,318	£3,556	£15,770
Change In Property Value	£6,750	£12,746	£14,670	£15,550	£12,362	£62,078
Net Return	£9,597	£15,708	£17,756	£18,868	£15,919	£77,848
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	23%	26%	28%	23%	114%