	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,004	£14,214	£14,569	£14,934	£15,382	£73,103
Total Expenses	£11,335	£11,402	£11,481	£11,561	£11,649	£57,429
Profit Before Tax	£2,669	£2,812	£3,089	£3,372	£3,733	£15,674
Profit After Tax	£2,162	£2,277	£2,502	£2,732	£3,024	£12,696
Change In Property Value	£4,000	£4,080	£8,323	£10,820	£11,361	£38,585
Net Return	£6,162	£6,357	£10,825	£13,552	£14,385	£51,281
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	10%	10%	18%	22%	24%	84%