	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,180	£15,408	£15,793	£16,188	£16,673	£79,242
Total Expenses	£12,643	£12,712	£12,793	£12,877	£12,968	£63,994
Profit Before Tax	£2,537	£2,696	£2,999	£3,311	£3,705	£15,248
Profit After Tax	£2,055	£2,184	£2,430	£2,682	£3,001	£12,351
Change In Property Value	£5,750	£5,894	£10,874	£13,888	£15,984	£52,391
Net Return	£7,805	£8,077	£13,303	£16,570	£18,986	£64,741
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	11%	12%	19%	24%	27%	92%