	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,228	£12,411	£12,598	£12,913	£13,235	£63,385
Total Expenses	£9,497	£9,565	£9,625	£9,698	£9,773	£48,158
Profit Before Tax	£2,731	£2,846	£2,973	£3,214	£3,462	£15,226
Profit After Tax	£2,212	£2,305	£2,408	£2,604	£2,804	£12,333
Change In Property Value	£4,875	£8,994	£11,488	£13,221	£9,343	£47,922
Net Return	£7,087	£11,300	£13,896	£15,825	£12,148	£60,255
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	27%	20%	112%