	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,652	£14,872	£15,244	£15,625	£16,093	£76,485
Total Expenses	£12,015	£12,083	£12,163	£12,245	£12,335	£60,842
Profit Before Tax	£2,637	£2,789	£3,080	£3,379	£3,759	£15,644
Profit After Tax	£2,136	£2,259	£2,495	£2,737	£3,044	£12,671
Change In Property Value	£6,465	£6,659	£12,574	£14,472	£15,340	£55,510
Net Return	£8,601	£8,918	£15,069	£17,209	£18,385	£68,182
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	14%	23%	26%	28%	104%