	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,860	£14,068	£14,279	£14,636	£15,002	£71,845
Total Expenses	£10,465	£10,535	£10,597	£10,675	£10,754	£53,026
Profit Before Tax	£3,396	£3,533	£3,682	£3,961	£4,248	£18,818
Profit After Tax	£2,750	£2,861	£2,982	£3,208	£3,441	£15,243
Change In Property Value	£2,200	£6,666	£9,155	£10,711	£8,706	£37,437
Net Return	£4,950	£9,527	£12,137	£13,919	£12,146	£52,680
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	7%	14%	18%	21%	18%	79%