	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,500	£13,703	£14,045	£14,396	£14,828	£70,472
Total Expenses	£10,690	£10,756	£10,833	£10,912	£10,998	£54,190
Profit Before Tax	£2,810	£2,946	£3,212	£3,484	£3,830	£16,282
Profit After Tax	£2,276	£2,387	£2,601	£2,822	£3,102	£13,188
Change In Property Value	£5,550	£5,717	£10,795	£12,424	£13,169	£47,654
Net Return	£7,826	£8,103	£13,396	£15,246	£16,271	£60,842
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	14%	24%	27%	29%	108%