	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,236	£13,435	£13,636	£13,977	£14,326	£68,610
Total Expenses	£9,878	£9,948	£10,009	£10,085	£10,162	£50,081
Profit Before Tax	£3,358	£3,487	£3,627	£3,892	£4,164	£18,529
Profit After Tax	£2,720	£2,825	£2,938	£3,153	£3,373	£15,009
Change In Property Value	£6,111	£11,540	£13,281	£14,078	£11,192	£56,201
Net Return	£8,831	£14,364	£16,219	£17,231	£14,565	£71,210
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	115%