	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,400	£14,616	£14,981	£15,356	£15,817	£75,170
Total Expenses	£10,278	£10,384	£10,500	£10,618	£10,742	£52,521
Profit Before Tax	£4,122	£4,232	£4,482	£4,738	£5,074	£22,649
Profit After Tax	£3,339	£3,428	£3,630	£3,838	£4,110	£18,345
Change In Property Value	£3,900	£4,017	£7,585	£8,730	£9,254	£33,487
Net Return	£7,239	£7,445	£11,216	£12,568	£13,364	£51,832
Return From Rental Income (%)	8%	9%	9%	10%	10%	46%
Total Net Return (%)	18%	19%	28%	31%	33%	130%