	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,200	£13,398	£13,733	£14,076	£14,499	£68,906
Total Expenses	£11,255	£11,321	£11,397	£11,475	£11,560	£57,009
Profit Before Tax	£1,945	£2,077	£2,336	£2,601	£2,938	£11,897
Profit After Tax	£1,575	£1,683	£1,892	£2,107	£2,380	£9,637
Change In Property Value	£5,000	£5,125	£9,456	£12,077	£13,899	£45,557
Net Return	£6,575	£6,808	£11,348	£14,184	£16,279	£55,194
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	11%	11%	19%	23%	27%	90%