	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,568	£14,787	£15,008	£15,384	£15,768	£75,514
Total Expenses	£11,018	£11,090	£11,153	£11,232	£11,313	£55,807
Profit Before Tax	£3,550	£3,697	£3,855	£4,151	£4,455	£19,708
Profit After Tax	£2,876	£2,994	£3,123	£3,362	£3,608	£15,963
Change In Property Value	£7,050	£13,313	£15,322	£16,241	£12,912	£64,838
Net Return	£9,926	£16,307	£18,445	£19,604	£16,520	£80,801
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	23%	26%	27%	23%	113%