	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,520	£14,738	£15,106	£15,484	£15,948	£75,796
Total Expenses	£12,181	£12,248	£12,328	£12,410	£12,499	£61,665
Profit Before Tax	£2,340	£2,490	£2,778	£3,074	£3,450	£14,131
Profit After Tax	£1,895	£2,017	£2,250	£2,490	£2,794	£11,446
Change In Property Value	£4,400	£4,488	£9,156	£11,902	£12,497	£42,443
Net Return	£6,295	£6,505	£11,406	£14,392	£15,291	£53,889
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	9%	10%	17%	21%	23%	80%