	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,140	£13,337	£13,671	£14,012	£14,433	£68,593
Total Expenses	£11,209	£11,275	£11,351	£11,429	£11,514	£56,779
Profit Before Tax	£1,931	£2,062	£2,319	£2,583	£2,919	£11,813
Profit After Tax	£1,564	£1,670	£1,879	£2,092	£2,364	£9,569
Change In Property Value	£5,970	£6,149	£11,612	£13,364	£14,166	£51,260
Net Return	£7,534	£7,819	£13,490	£15,456	£16,530	£60,829
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	13%	22%	25%	27%	100%