	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,392	£13,593	£13,797	£14,142	£14,495	£69,419
Total Expenses	£9,967	£10,037	£10,099	£10,175	£10,253	£50,531
Profit Before Tax	£3,425	£3,556	£3,698	£3,967	£4,242	£18,887
Profit After Tax	£2,774	£2,880	£2,995	£3,213	£3,436	£15,299
Change In Property Value	£6,180	£11,670	£13,431	£14,237	£11,318	£56,836
Net Return	£8,954	£14,550	£16,426	£17,450	£14,754	£72,135
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	115%