	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,860	£14,068	£14,420	£14,780	£15,223	£72,351
Total Expenses	£11,718	£11,785	£11,863	£11,943	£12,030	£59,337
Profit Before Tax	£2,142	£2,283	£2,557	£2,837	£3,194	£13,014
Profit After Tax	£1,735	£1,850	£2,071	£2,298	£2,587	£10,541
Change In Property Value	£5,250	£5,381	£9,928	£12,681	£14,594	£47,835
Net Return	£6,985	£7,231	£12,000	£14,979	£17,181	£58,376
Return From Rental Income (%)	3%	3%	3%	4%	4%	16%
Total Net Return (%)	11%	11%	19%	23%	27%	91%