	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,856	£15,079	£15,456	£15,842	£16,317	£77,550
Total Expenses	£12,417	£12,485	£12,566	£12,648	£12,738	£62,854
Profit Before Tax	£2,439	£2,594	£2,890	£3,194	£3,579	£14,697
Profit After Tax	£1,976	£2,101	£2,341	£2,587	£2,899	£11,904
Change In Property Value	£6,753	£6,956	£13,135	£15,117	£16,024	£57,985
Net Return	£8,729	£9,057	£15,476	£17,704	£18,923	£69,889
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	23%	26%	28%	102%