	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,336	£15,566	£15,955	£16,354	£16,845	£80,056
Total Expenses	£12,347	£12,382	£12,431	£12,482	£12,542	£62,184
Profit Before Tax	£2,989	£3,184	£3,524	£3,872	£4,303	£17,872
Profit After Tax	£2,421	£2,579	£2,854	£3,136	£3,485	£14,476
Change In Property Value	£5,199	£5,303	£10,818	£14,064	£14,767	£50,150
Net Return	£7,620	£7,882	£13,672	£17,200	£18,252	£64,627
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	10%	10%	17%	22%	23%	81%