	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,072	£15,298	£15,681	£16,073	£16,555	£78,678
Total Expenses	£12,851	£12,919	£13,000	£13,084	£13,174	£65,028
Profit Before Tax	£2,221	£2,379	£2,680	£2,989	£3,380	£13,650
Profit After Tax	£1,799	£1,927	£2,171	£2,421	£2,738	£11,056
Change In Property Value	£7,065	£7,277	£13,741	£15,815	£16,764	£60,662
Net Return	£8,864	£9,204	£15,912	£18,236	£19,502	£71,718
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	12%	13%	22%	25%	27%	100%