	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,496	£14,786	£15,156	£15,534	£15,923	£75,895
Total Expenses	£11,075	£11,115	£11,163	£11,212	£11,261	£55,827
Profit Before Tax	£3,421	£3,671	£3,993	£4,323	£4,661	£20,068
Profit After Tax	£2,771	£2,973	£3,234	£3,501	£3,776	£16,255
Change In Property Value	£6,900	£7,107	£12,200	£15,372	£16,295	£57,875
Net Return	£9,671	£10,080	£15,434	£18,874	£20,071	£74,130
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	13%	14%	22%	26%	28%	103%