	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,200	£13,398	£13,599	£13,939	£14,287	£68,423
Total Expenses	£10,397	£10,467	£10,528	£10,604	£10,681	£52,676
Profit Before Tax	£2,803	£2,931	£3,071	£3,335	£3,606	£15,747
Profit After Tax	£2,271	£2,374	£2,488	£2,702	£2,921	£12,755
Change In Property Value	£6,599	£12,460	£14,341	£15,201	£12,085	£60,685
Net Return	£8,869	£14,835	£16,828	£17,903	£15,006	£73,440
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	27%	22%	110%