	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,496	£14,713	£14,934	£15,307	£15,690	£75,141
Total Expenses	£10,850	£10,922	£10,985	£11,064	£11,145	£54,965
Profit Before Tax	£3,646	£3,792	£3,949	£4,244	£4,545	£20,177
Profit After Tax	£2,953	£3,071	£3,199	£3,437	£3,682	£16,343
Change In Property Value	£5,750	£9,430	£13,485	£15,520	£10,967	£55,152
Net Return	£8,703	£12,501	£16,684	£18,957	£14,649	£71,495
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	12%	18%	24%	27%	21%	102%