	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	£4,800	£4,896	£9,988	£12,984	£13,633	£46,301
Net Return	£7,180	£7,424	£12,773	£16,034	£17,010	£60,421
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	10%	10%	17%	22%	23%	83%