	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	£10,906	£10,973	£11,050	£11,130	£11,216	£55,276
Profit Before Tax	£2,774	£2,912	£3,182	£3,458	£3,809	£16,136
Profit After Tax	£2,247	£2,359	£2,577	£2,801	£3,086	£13,070
Change In Property Value	£5,700	£5,871	£11,086	£12,759	£13,525	£48,942
Net Return	£7,947	£8,230	£13,664	£15,561	£16,611	£62,012
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	14%	14%	24%	27%	29%	107%