	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,148	£14,360	£14,719	£15,087	£15,540	£73,854
Total Expenses	£11,667	£11,734	£11,813	£11,894	£11,982	£59,091
Profit Before Tax	£2,481	£2,626	£2,906	£3,193	£3,558	£14,764
Profit After Tax	£2,009	£2,127	£2,354	£2,587	£2,882	£11,959
Change In Property Value	£6,240	£6,427	£12,137	£13,968	£14,806	£53,578
Net Return	£8,249	£8,554	£14,491	£16,555	£17,688	£65,537
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%