	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,860	£14,068	£14,279	£14,636	£15,002	£71,845
Total Expenses	£10,463	£10,534	£10,596	£10,673	£10,753	£53,018
Profit Before Tax	£3,397	£3,534	£3,683	£3,963	£4,249	£18,826
Profit After Tax	£2,752	£2,863	£2,983	£3,210	£3,442	£15,249
Change In Property Value	£6,599	£12,460	£14,341	£15,201	£12,085	£60,685
Net Return	£9,350	£15,323	£17,324	£18,411	£15,527	£75,934
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	14%	23%	26%	27%	23%	113%