	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,440	£13,642	£13,983	£14,332	£14,762	£70,159
Total Expenses	£10,176	£10,207	£10,252	£10,298	£10,352	£51,285
Profit Before Tax	£3,264	£3,434	£3,730	£4,034	£4,410	£18,873
Profit After Tax	£2,644	£2,782	£3,022	£3,268	£3,572	£15,287
Change In Property Value	£4,200	£4,284	£8,739	£11,361	£11,929	£40,514
Net Return	£6,844	£7,066	£11,761	£14,629	£15,502	£55,801
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	11%	11%	18%	23%	24%	87%