	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,800	£14,007	£14,217	£14,573	£14,937	£71,533
Total Expenses	£10,779	£10,849	£10,911	£10,989	£11,068	£54,596
Profit Before Tax	£3,021	£3,158	£3,306	£3,584	£3,869	£16,938
Profit After Tax	£2,447	£2,558	£2,678	£2,903	£3,134	£13,719
Change In Property Value	£6,899	£13,027	£14,993	£15,892	£12,634	£63,444
Net Return	£9,346	£15,584	£17,670	£18,795	£15,768	£77,163
Return From Rental Income (%)	3%	4%	4%	4%	4%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	110%