	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,396	£15,627	£16,018	£16,418	£16,911	£80,369
Total Expenses	£12,266	£12,335	£12,417	£12,501	£12,593	£62,113
Profit Before Tax	£3,130	£3,292	£3,600	£3,917	£4,318	£18,256
Profit After Tax	£2,535	£2,666	£2,916	£3,173	£3,497	£14,788
Change In Property Value	£5,499	£5,636	£10,399	£13,282	£15,286	£50,101
Net Return	£8,034	£8,303	£13,315	£16,454	£18,783	£64,889
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	12%	12%	20%	25%	28%	97%