	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,736	£14,957	£15,331	£15,714	£16,186	£76,924
Total Expenses	£11,297	£11,331	£11,379	£11,428	£11,486	£56,921
Profit Before Tax	£3,439	£3,626	£3,952	£4,286	£4,700	£20,003
Profit After Tax	£2,785	£2,937	£3,201	£3,472	£3,807	£16,202
Change In Property Value	£5,875	£6,022	£11,110	£14,190	£16,332	£53,529
Net Return	£8,660	£8,959	£14,311	£17,662	£20,139	£69,732
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	12%	13%	20%	25%	28%	98%