	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,132	£12,314	£12,499	£12,811	£13,131	£62,887
Total Expenses	£9,439	£9,507	£9,567	£9,640	£9,714	£47,867
Profit Before Tax	£2,693	£2,807	£2,932	£3,171	£3,417	£15,020
Profit After Tax	£2,181	£2,273	£2,375	£2,569	£2,768	£12,166
Change In Property Value	£4,838	£8,925	£11,399	£13,120	£9,271	£47,553
Net Return	£7,019	£11,199	£13,774	£15,689	£12,039	£59,719
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	27%	20%	101%