	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,320	£13,586	£13,926	£14,274	£14,631	£69,738
Total Expenses	£10,474	£10,546	£10,623	£10,702	£10,780	£53,125
Profit Before Tax	£2,847	£3,040	£3,303	£3,572	£3,851	£16,613
Profit After Tax	£2,306	£2,463	£2,675	£2,894	£3,119	£13,457
Change In Property Value	£5,400	£5,562	£9,548	£12,031	£12,752	£45,293
Net Return	£7,706	£8,025	£12,224	£14,924	£15,872	£58,750
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	13%	13%	20%	24%	26%	96%