	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,680	£13,885	£14,232	£14,588	£15,026	£71,411
Total Expenses	£10,904	£10,971	£11,048	£11,128	£11,214	£55,266
Profit Before Tax	£2,776	£2,914	£3,184	£3,460	£3,811	£16,146
Profit After Tax	£2,248	£2,361	£2,579	£2,803	£3,087	£13,078
Change In Property Value	£5,699	£5,869	£11,083	£12,756	£13,521	£48,929
Net Return	£7,947	£8,230	£13,662	£15,559	£16,609	£62,007
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	14%	14%	24%	27%	29%	107%