	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,616	£14,835	£15,206	£15,586	£16,054	£76,298
Total Expenses	£11,992	£12,060	£12,140	£12,222	£12,311	£60,724
Profit Before Tax	£2,624	£2,776	£3,066	£3,365	£3,743	£15,574
Profit After Tax	£2,126	£2,248	£2,484	£2,725	£3,032	£12,615
Change In Property Value	£6,450	£6,644	£12,545	£14,438	£15,305	£55,382
Net Return	£8,576	£8,892	£15,029	£17,164	£18,336	£67,996
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	14%	23%	26%	28%	104%