	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	£4,400	£7,854	£10,452	£7,281	£29,989
Net Return	£2,753	£7,261	£10,836	£13,660	£10,722	£45,232
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	4%	11%	16%	20%	16%	68%