	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,400	£14,616	£14,981	£15,356	£15,817	£75,170
Total Expenses	£10,669	£10,702	£10,749	£10,797	£10,854	£53,770
Profit Before Tax	£3,732	£3,914	£4,233	£4,559	£4,963	£21,400
Profit After Tax	£3,023	£3,171	£3,428	£3,692	£4,020	£17,334
Change In Property Value	£6,600	£6,798	£12,837	£14,774	£15,661	£56,670
Net Return	£9,623	£9,969	£16,265	£18,467	£19,680	£74,003
Return From Rental Income (%)	5%	5%	5%	6%	6%	26%
Total Net Return (%)	14%	15%	24%	28%	29%	110%