	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,092	£13,288	£13,488	£13,825	£14,171	£67,864
Total Expenses	£9,889	£9,959	£10,020	£10,095	£10,172	£50,135
Profit Before Tax	£3,203	£3,330	£3,468	£3,730	£3,998	£17,729
Profit After Tax	£2,594	£2,697	£2,809	£3,021	£3,239	£14,360
Change In Property Value	£7,158	£11,641	£13,398	£14,202	£12,545	£58,943
Net Return	£9,752	£14,338	£16,207	£17,223	£15,783	£73,304
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	16%	23%	26%	28%	25%	118%