	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,264	£15,493	£15,880	£16,277	£16,766	£79,680
Total Expenses	£12,176	£12,244	£12,326	£12,410	£12,501	£61,657
Profit Before Tax	£3,088	£3,249	£3,554	£3,868	£4,264	£18,023
Profit After Tax	£2,502	£2,631	£2,879	£3,133	£3,454	£14,599
Change In Property Value	£6,540	£6,736	£12,720	£14,640	£15,518	£56,154
Net Return	£9,042	£9,367	£15,599	£17,773	£18,972	£70,753
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	23%	27%	29%	107%