	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,824	£14,031	£14,382	£14,742	£15,184	£72,163
Total Expenses	£12,091	£12,158	£12,236	£12,316	£12,403	£61,203
Profit Before Tax	£1,733	£1,874	£2,146	£2,426	£2,781	£10,960
Profit After Tax	£1,404	£1,518	£1,739	£1,965	£2,253	£8,878
Change In Property Value	£4,390	£4,478	£9,135	£11,875	£12,469	£42,347
Net Return	£5,794	£5,995	£10,873	£13,840	£14,722	£51,224
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	9%	9%	16%	21%	22%	77%