	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,328	£14,543	£14,761	£15,130	£15,508	£74,270
Total Expenses	£10,527	£10,599	£10,662	£10,740	£10,821	£53,349
Profit Before Tax	£3,801	£3,944	£4,099	£4,390	£4,687	£20,921
Profit After Tax	£3,078	£3,195	£3,320	£3,556	£3,797	£16,946
Change In Property Value	£5,513	£9,041	£12,928	£14,879	£10,514	£52,874
Net Return	£8,591	£12,235	£16,248	£18,434	£14,311	£69,820
Return From Rental Income (%)	5%	5%	5%	5%	6%	25%
Total Net Return (%)	13%	18%	24%	27%	21%	104%