	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,532	£14,750	£14,971	£15,346	£15,729	£75,328
Total Expenses	£10,644	£10,716	£10,779	£10,858	£10,940	£53,938
Profit Before Tax	£3,888	£4,034	£4,192	£4,487	£4,790	£21,390
Profit After Tax	£3,149	£3,267	£3,396	£3,634	£3,880	£17,326
Change In Property Value	£5,588	£9,164	£13,104	£15,081	£10,657	£53,594
Net Return	£8,737	£12,431	£16,499	£18,716	£14,537	£70,920
Return From Rental Income (%)	5%	5%	5%	5%	6%	25%
Total Net Return (%)	13%	18%	24%	28%	21%	104%