	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,180	£15,408	£15,793	£16,188	£16,673	£79,242
Total Expenses	£12,247	£12,315	£12,397	£12,480	£12,571	£62,010
Profit Before Tax	£2,934	£3,092	£3,396	£3,708	£4,102	£17,232
Profit After Tax	£2,376	£2,505	£2,751	£3,003	£3,323	£13,958
Change In Property Value	£4,400	£4,488	£9,156	£11,902	£12,497	£42,443
Net Return	£6,776	£6,993	£11,906	£14,905	£15,820	£56,401
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	10%	10%	18%	22%	24%	84%