	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,112	£14,324	£14,682	£15,049	£15,500	£73,667
Total Expenses	£10,838	£10,871	£10,917	£10,965	£11,021	£54,612
Profit Before Tax	£3,274	£3,453	£3,764	£4,084	£4,480	£19,055
Profit After Tax	£2,652	£2,797	£3,049	£3,308	£3,628	£15,434
Change In Property Value	£5,625	£5,766	£10,638	£13,587	£15,637	£51,252
Net Return	£8,277	£8,563	£13,687	£16,894	£19,265	£66,686
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	12%	13%	20%	25%	28%	97%