	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,852	£13,045	£13,240	£13,571	£13,911	£66,619
Total Expenses	£9,881	£9,950	£10,011	£10,086	£10,162	£50,091
Profit Before Tax	£2,971	£3,094	£3,230	£3,486	£3,748	£16,529
Profit After Tax	£2,406	£2,506	£2,616	£2,823	£3,036	£13,388
Change In Property Value	£5,125	£9,456	£12,077	£13,899	£9,822	£50,379
Net Return	£7,531	£11,962	£14,693	£16,723	£12,858	£63,768
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	12%	19%	24%	27%	21%	102%