	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,400	£14,688	£15,055	£15,432	£15,817	£75,392
Total Expenses	£9,788	£9,863	£9,942	£10,024	£10,105	£49,722
Profit Before Tax	£4,612	£4,825	£5,113	£5,408	£5,712	£25,670
Profit After Tax	£3,736	£3,908	£4,141	£4,380	£4,627	£20,792
Change In Property Value	£4,800	£4,944	£8,487	£10,694	£11,336	£40,261
Net Return	£8,536	£8,852	£12,629	£15,074	£15,962	£61,053
Return From Rental Income (%)	7%	7%	8%	8%	9%	38%
Total Net Return (%)	16%	16%	23%	28%	30%	113%