	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,276	£15,505	£15,893	£16,290	£16,779	£79,743
Total Expenses	£12,851	£12,920	£13,002	£13,085	£13,177	£65,036
Profit Before Tax	£2,425	£2,585	£2,891	£3,205	£3,602	£14,707
Profit After Tax	£1,964	£2,094	£2,342	£2,596	£2,917	£11,913
Change In Property Value	£7,050	£7,262	£13,712	£15,781	£16,728	£60,533
Net Return	£9,014	£9,355	£16,054	£18,377	£19,646	£72,446
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	22%	26%	27%	101%