	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,504	£15,737	£16,130	£16,533	£17,029	£80,933
Total Expenses	£12,874	£12,943	£13,025	£13,110	£13,202	£65,154
Profit Before Tax	£2,630	£2,793	£3,105	£3,424	£3,827	£15,779
Profit After Tax	£2,130	£2,263	£2,515	£2,773	£3,100	£12,781
Change In Property Value	£7,050	£7,261	£13,712	£15,781	£16,728	£60,532
Net Return	£9,180	£9,524	£16,227	£18,554	£19,828	£73,313
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	103%