	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	£12,367	£12,434	£12,514	£12,595	£12,684	£62,595
Profit Before Tax	£2,033	£2,182	£2,467	£2,761	£3,133	£12,575
Profit After Tax	£1,647	£1,767	£1,999	£2,236	£2,537	£10,186
Change In Property Value	£4,500	£4,590	£9,364	£12,173	£12,781	£43,408
Net Return	£6,147	£6,357	£11,362	£14,409	£15,319	£53,594
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	9%	9%	17%	21%	22%	78%