	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,572	£13,776	£14,120	£14,473	£14,907	£70,848
Total Expenses	£10,982	£11,014	£11,059	£11,106	£11,160	£55,322
Profit Before Tax	£2,590	£2,761	£3,060	£3,367	£3,747	£15,526
Profit After Tax	£2,098	£2,237	£2,479	£2,727	£3,035	£12,576
Change In Property Value	£5,750	£5,894	£10,874	£13,888	£15,984	£52,391
Net Return	£7,848	£8,130	£13,353	£16,616	£19,020	£64,966
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	11%	12%	19%	24%	27%	93%