	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,196	£14,409	£14,625	£14,991	£15,365	£73,586
Total Expenses	£10,337	£10,409	£10,471	£10,550	£10,630	£52,396
Profit Before Tax	£3,859	£4,000	£4,154	£4,441	£4,736	£21,190
Profit After Tax	£3,126	£3,240	£3,365	£3,597	£3,836	£17,164
Change In Property Value	£6,450	£12,180	£14,018	£14,859	£11,813	£59,319
Net Return	£9,576	£15,420	£17,382	£18,456	£15,649	£76,483
Return From Rental Income (%)	5%	5%	5%	5%	6%	26%
Total Net Return (%)	15%	24%	27%	28%	24%	117%