	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,200	£13,398	£13,733	£14,076	£14,499	£68,906
Total Expenses	£10,938	£11,003	£11,080	£11,158	£11,243	£55,422
Profit Before Tax	£2,262	£2,395	£2,653	£2,918	£3,256	£13,484
Profit After Tax	£1,833	£1,940	£2,149	£2,364	£2,637	£10,922
Change In Property Value	£5,760	£5,933	£11,203	£12,894	£13,667	£49,457
Net Return	£7,593	£7,872	£13,352	£15,258	£16,304	£60,379
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%