	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,172	£14,385	£14,744	£15,113	£15,566	£73,980
Total Expenses	£10,844	£10,877	£10,924	£10,971	£11,027	£54,643
Profit Before Tax	£3,328	£3,508	£3,821	£4,141	£4,539	£19,337
Profit After Tax	£2,696	£2,841	£3,095	£3,355	£3,676	£15,663
Change In Property Value	£4,500	£4,590	£9,364	£12,173	£12,781	£43,408
Net Return	£7,196	£7,431	£12,458	£15,527	£16,458	£59,070
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	11%	11%	18%	23%	24%	86%