	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,696	£15,931	£16,330	£16,738	£17,240	£81,935
Total Expenses	£12,100	£12,169	£12,252	£12,337	£12,430	£61,287
Profit Before Tax	£3,596	£3,762	£4,078	£4,401	£4,810	£20,648
Profit After Tax	£2,913	£3,047	£3,303	£3,565	£3,896	£16,725
Change In Property Value	£6,450	£6,644	£12,545	£14,438	£15,305	£55,382
Net Return	£9,363	£9,691	£15,848	£18,003	£19,201	£72,106
Return From Rental Income (%)	4%	5%	5%	5%	6%	26%
Total Net Return (%)	14%	15%	24%	27%	29%	110%