	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,304	£14,519	£14,736	£15,105	£15,482	£74,146
Total Expenses	£10,509	£10,580	£10,643	£10,722	£10,802	£53,256
Profit Before Tax	£3,795	£3,938	£4,093	£4,383	£4,680	£20,890
Profit After Tax	£3,074	£3,190	£3,316	£3,550	£3,791	£16,921
Change In Property Value	£2	£4,400	£7,854	£10,451	£7,281	£29,989
Net Return	£3,076	£7,590	£11,170	£14,002	£11,072	£46,910
Return From Rental Income (%)	5%	5%	5%	5%	6%	25%
Total Net Return (%)	5%	11%	17%	21%	17%	70%