	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,036	£15,262	£15,643	£16,034	£16,515	£78,490
Total Expenses	£11,327	£11,361	£11,410	£11,460	£11,519	£57,078
Profit Before Tax	£3,709	£3,900	£4,233	£4,574	£4,996	£21,412
Profit After Tax	£3,004	£3,159	£3,429	£3,705	£4,047	£17,344
Change In Property Value	£7,050	£7,262	£13,712	£15,781	£16,728	£60,533
Net Return	£10,054	£10,421	£17,141	£19,486	£20,775	£77,877
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	14%	15%	24%	27%	29%	109%