	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,292	£14,506	£14,869	£15,241	£15,698	£74,606
Total Expenses	£12,156	£12,223	£12,302	£12,383	£12,472	£61,536
Profit Before Tax	£2,136	£2,283	£2,567	£2,857	£3,226	£13,070
Profit After Tax	£1,730	£1,849	£2,079	£2,314	£2,613	£10,586
Change In Property Value	£6,599	£6,796	£12,834	£14,771	£15,657	£56,657
Net Return	£8,329	£8,646	£14,913	£17,085	£18,270	£67,243
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	13%	22%	26%	27%	100%