	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,496	£14,713	£15,081	£15,458	£15,922	£75,671
Total Expenses	£11,075	£11,108	£11,156	£11,204	£11,261	£55,804
Profit Before Tax	£3,421	£3,605	£3,926	£4,254	£4,661	£19,867
Profit After Tax	£2,771	£2,920	£3,180	£3,446	£3,775	£16,092
Change In Property Value	£8,050	£8,332	£13,551	£15,596	£16,532	£62,060
Net Return	£10,821	£11,252	£16,731	£19,042	£20,307	£78,153
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	15%	16%	24%	27%	29%	112%