	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,460	£14,677	£14,897	£15,269	£15,651	£74,955
Total Expenses	£10,492	£10,564	£10,627	£10,706	£10,787	£53,176
Profit Before Tax	£3,968	£4,113	£4,270	£4,563	£4,864	£21,778
Profit After Tax	£3,214	£3,331	£3,459	£3,696	£3,940	£17,640
Change In Property Value	£6,570	£12,406	£14,279	£15,135	£12,033	£60,423
Net Return	£9,784	£15,738	£17,737	£18,832	£15,973	£78,063
Return From Rental Income (%)	5%	5%	5%	6%	6%	26%
Total Net Return (%)	15%	24%	27%	28%	24%	117%