	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,400	£14,616	£14,981	£15,356	£15,817	£75,170
Total Expenses	£11,462	£11,495	£11,542	£11,591	£11,648	£57,738
Profit Before Tax	£2,938	£3,121	£3,439	£3,765	£4,169	£17,432
Profit After Tax	£2,380	£2,528	£2,786	£3,050	£3,377	£14,120
Change In Property Value	£7,200	£7,416	£14,004	£16,117	£17,084	£61,821
Net Return	£9,580	£9,944	£16,789	£19,167	£20,461	£75,941
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	14%	23%	26%	28%	104%