	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,296	£13,495	£13,698	£14,040	£14,391	£68,921
Total Expenses	£9,909	£9,979	£10,041	£10,117	£10,194	£50,240
Profit Before Tax	£3,387	£3,516	£3,657	£3,924	£4,197	£18,681
Profit After Tax	£2,743	£2,848	£2,962	£3,178	£3,400	£15,131
Change In Property Value	£5,113	£8,385	£11,990	£13,799	£9,751	£49,037
Net Return	£7,856	£11,233	£14,952	£16,977	£13,151	£64,169
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	13%	18%	24%	27%	21%	103%