	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,860	£14,068	£14,279	£14,636	£15,002	£71,845
Total Expenses	£10,141	£10,212	£10,274	£10,352	£10,431	£51,409
Profit Before Tax	£3,719	£3,856	£4,005	£4,284	£4,571	£20,435
Profit After Tax	£3,012	£3,123	£3,244	£3,470	£3,703	£16,552
Change In Property Value	£6,299	£11,894	£13,689	£14,510	£11,535	£57,926
Net Return	£9,311	£15,017	£16,932	£17,980	£15,238	£74,478
Return From Rental Income (%)	5%	5%	5%	5%	6%	26%
Total Net Return (%)	15%	23%	26%	28%	24%	116%