	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,520	£14,738	£15,106	£15,484	£15,948	£75,796
Total Expenses	£12,181	£12,248	£12,328	£12,410	£12,499	£61,665
Profit Before Tax	£2,340	£2,490	£2,778	£3,074	£3,450	£14,131
Profit After Tax	£1,895	£2,017	£2,250	£2,490	£2,794	£11,446
Change In Property Value	£5,500	£5,638	£10,401	£13,285	£15,289	£50,113
Net Return	£7,395	£7,654	£12,651	£15,775	£18,084	£61,559
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	11%	11%	19%	24%	27%	92%