	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,880	£15,178	£15,557	£15,946	£16,345	£77,905
Total Expenses	£11,510	£11,551	£11,600	£11,650	£11,700	£58,011
Profit Before Tax	£3,370	£3,626	£3,957	£4,296	£4,644	£19,894
Profit After Tax	£2,730	£2,937	£3,205	£3,480	£3,762	£16,114
Change In Property Value	£7,200	£7,416	£12,731	£16,041	£17,003	£60,391
Net Return	£9,930	£10,353	£15,936	£19,521	£20,765	£76,505
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	13%	14%	21%	26%	28%	102%