	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,160	£14,372	£14,732	£15,100	£15,553	£73,917
Total Expenses	£11,438	£11,471	£11,517	£11,565	£11,621	£57,613
Profit Before Tax	£2,722	£2,902	£3,214	£3,535	£3,932	£16,305
Profit After Tax	£2,205	£2,350	£2,604	£2,863	£3,185	£13,207
Change In Property Value	£6,000	£6,150	£11,347	£14,492	£16,679	£54,668
Net Return	£8,205	£8,500	£13,950	£17,356	£19,864	£67,875
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	11%	12%	19%	24%	27%	93%