	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,960	£16,199	£16,604	£17,019	£17,530	£83,313
Total Expenses	£11,926	£11,996	£12,079	£12,165	£12,258	£60,423
Profit Before Tax	£4,034	£4,204	£4,525	£4,855	£5,272	£22,890
Profit After Tax	£3,268	£3,405	£3,665	£3,933	£4,270	£18,541
Change In Property Value	£6,299	£6,487	£12,250	£14,099	£14,945	£54,081
Net Return	£9,566	£9,892	£15,916	£18,032	£19,215	£72,622
Return From Rental Income (%)	5%	5%	6%	6%	7%	29%
Total Net Return (%)	15%	15%	25%	28%	30%	113%