	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,808	£15,030	£15,406	£15,791	£16,265	£77,300
Total Expenses	£11,304	£11,338	£11,386	£11,436	£11,494	£56,959
Profit Before Tax	£3,504	£3,692	£4,019	£4,355	£4,771	£20,341
Profit After Tax	£2,838	£2,991	£3,256	£3,528	£3,864	£16,476
Change In Property Value	£8,225	£8,513	£13,846	£15,935	£16,891	£63,410
Net Return	£11,063	£11,503	£17,101	£19,463	£20,755	£79,886
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	15%	16%	24%	27%	29%	112%