	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,496	£14,713	£15,081	£15,458	£15,922	£75,671
Total Expenses	£11,075	£11,108	£11,156	£11,204	£11,261	£55,804
Profit Before Tax	£3,421	£3,605	£3,926	£4,254	£4,661	£19,867
Profit After Tax	£2,771	£2,920	£3,180	£3,446	£3,775	£16,092
Change In Property Value	£6,900	£7,107	£13,420	£15,446	£16,372	£59,245
Net Return	£9,671	£10,027	£16,600	£18,891	£20,148	£75,338
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	14%	24%	27%	29%	108%