	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,028	£14,238	£14,594	£14,959	£15,408	£73,228
Total Expenses	£11,028	£11,061	£11,107	£11,154	£11,210	£55,560
Profit Before Tax	£3,000	£3,178	£3,487	£3,805	£4,198	£17,668
Profit After Tax	£2,430	£2,574	£2,825	£3,082	£3,400	£14,311
Change In Property Value	£6,900	£7,107	£13,420	£15,446	£16,372	£59,245
Net Return	£9,330	£9,681	£16,245	£18,528	£19,773	£73,557
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	105%