	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	£12,202	£12,270	£12,351	£12,433	£12,523	£61,778
Profit Before Tax	£2,534	£2,687	£2,980	£3,281	£3,663	£15,146
Profit After Tax	£2,052	£2,176	£2,414	£2,658	£2,967	£12,268
Change In Property Value	£2,200	£2,222	£6,733	£9,246	£10,818	£31,219
Net Return	£4,252	£4,398	£9,147	£11,904	£13,785	£43,487
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	6%	7%	14%	18%	21%	65%