	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,232	£14,445	£14,807	£15,177	£15,632	£74,293
Total Expenses	£11,158	£11,225	£11,304	£11,385	£11,473	£56,546
Profit Before Tax	£3,074	£3,220	£3,502	£3,792	£4,159	£17,747
Profit After Tax	£2,490	£2,608	£2,837	£3,071	£3,369	£14,375
Change In Property Value	£5,849	£6,024	£11,375	£13,092	£13,877	£50,217
Net Return	£8,339	£8,632	£14,212	£16,163	£17,246	£64,592
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	14%	15%	24%	27%	29%	109%