	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,320	£13,520	£13,858	£14,204	£14,630	£69,532
Total Expenses	£10,672	£10,738	£10,815	£10,893	£10,978	£54,096
Profit Before Tax	£2,648	£2,782	£3,043	£3,311	£3,652	£15,436
Profit After Tax	£2,145	£2,253	£2,465	£2,682	£2,958	£12,503
Change In Property Value	£5,550	£5,717	£10,795	£12,424	£13,169	£47,654
Net Return	£7,695	£7,970	£13,260	£15,106	£16,127	£60,157
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	23%	27%	29%	106%