	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,004	£14,284	£14,641	£15,007	£15,382	£73,319
Total Expenses	£11,335	£11,409	£11,488	£11,568	£11,649	£57,449
Profit Before Tax	£2,669	£2,875	£3,153	£3,439	£3,734	£15,870
Profit After Tax	£2,162	£2,329	£2,554	£2,785	£3,024	£12,854
Change In Property Value	£6,000	£6,180	£10,609	£13,367	£14,169	£50,324
Net Return	£8,162	£8,508	£13,163	£16,152	£17,193	£63,179
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	12%	12%	19%	24%	25%	93%