	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,536	£13,807	£14,152	£14,506	£14,868	£70,869
Total Expenses	£10,382	£10,420	£10,466	£10,512	£10,559	£52,338
Profit Before Tax	£3,154	£3,386	£3,686	£3,994	£4,309	£18,530
Profit After Tax	£2,555	£2,743	£2,986	£3,235	£3,491	£15,009
Change In Property Value	£6,449	£6,642	£11,402	£14,367	£15,229	£54,088
Net Return	£9,003	£9,385	£14,388	£17,601	£18,719	£69,097
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	13%	14%	22%	26%	28%	104%