	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,180	£15,408	£15,793	£16,188	£16,673	£79,242
Total Expenses	£12,643	£12,712	£12,794	£12,877	£12,968	£63,994
Profit Before Tax	£2,537	£2,696	£2,999	£3,311	£3,705	£15,248
Profit After Tax	£2,055	£2,183	£2,429	£2,682	£3,001	£12,351
Change In Property Value	£6,900	£7,107	£13,420	£15,446	£16,372	£59,246
Net Return	£8,955	£9,290	£15,850	£18,127	£19,374	£71,596
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	102%