	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,200	£13,464	£13,801	£14,146	£14,499	£69,109
Total Expenses	£10,549	£10,586	£10,631	£10,676	£10,722	£53,164
Profit Before Tax	£2,652	£2,878	£3,170	£3,469	£3,777	£15,945
Profit After Tax	£2,148	£2,331	£2,568	£2,810	£3,059	£12,916
Change In Property Value	£6,600	£6,798	£11,670	£14,704	£15,586	£55,358
Net Return	£8,748	£9,129	£14,237	£17,514	£18,646	£68,274
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	13%	21%	26%	27%	100%