	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,328	£14,543	£14,906	£15,279	£15,738	£74,794
Total Expenses	£11,328	£11,396	£11,475	£11,556	£11,645	£57,399
Profit Before Tax	£3,000	£3,147	£3,432	£3,723	£4,093	£17,395
Profit After Tax	£2,430	£2,549	£2,780	£3,016	£3,315	£14,090
Change In Property Value	£5,970	£6,149	£11,611	£13,364	£14,166	£51,260
Net Return	£8,400	£8,698	£14,391	£16,380	£17,481	£65,350
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	14%	24%	27%	29%	108%