	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,260	£13,459	£13,795	£14,140	£14,564	£69,219
Total Expenses	£11,063	£11,129	£11,205	£11,283	£11,369	£56,048
Profit Before Tax	£2,197	£2,330	£2,590	£2,857	£3,196	£13,171
Profit After Tax	£1,780	£1,888	£2,098	£2,314	£2,589	£10,668
Change In Property Value	£5,850	£6,026	£11,378	£13,095	£13,881	£50,230
Net Return	£7,630	£7,913	£13,476	£15,409	£16,470	£60,898
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	102%