	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	£11,255	£11,321	£11,397	£11,475	£11,560	£57,009
Profit Before Tax	£1,945	£2,077	£2,336	£2,601	£2,938	£11,897
Profit After Tax	£1,575	£1,683	£1,892	£2,107	£2,380	£9,637
Change In Property Value	£6,000	£6,180	£11,670	£13,431	£14,237	£51,518
Net Return	£7,575	£7,863	£13,562	£15,538	£16,617	£61,154
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	13%	22%	25%	27%	100%