	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,396	£15,627	£16,018	£16,418	£16,911	£80,369
Total Expenses	£12,268	£12,337	£12,419	£12,503	£12,595	£62,123
Profit Before Tax	£3,128	£3,290	£3,598	£3,915	£4,316	£18,247
Profit After Tax	£2,534	£2,665	£2,915	£3,171	£3,496	£14,780
Change In Property Value	£7,700	£7,970	£12,962	£14,918	£15,813	£59,362
Net Return	£10,234	£10,634	£15,877	£18,089	£19,309	£74,142
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	15%	16%	24%	27%	29%	111%