	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,632	£13,836	£14,044	£14,395	£14,755	£70,663
Total Expenses	£10,440	£10,511	£10,572	£10,649	£10,728	£52,900
Profit Before Tax	£3,192	£3,326	£3,472	£3,746	£4,027	£17,763
Profit After Tax	£2,585	£2,694	£2,812	£3,034	£3,262	£14,388
Change In Property Value	£6,599	£12,460	£14,341	£15,201	£12,085	£60,685
Net Return	£9,184	£15,154	£17,153	£18,235	£15,347	£75,073
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	14%	23%	26%	27%	23%	112%