	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,684	£12,874	£13,067	£13,394	£13,729	£65,749
Total Expenses	£10,186	£10,255	£10,315	£10,390	£10,466	£51,612
Profit Before Tax	£2,498	£2,619	£2,752	£3,004	£3,263	£14,136
Profit After Tax	£2,023	£2,122	£2,229	£2,433	£2,643	£11,450
Change In Property Value	£5,375	£9,917	£12,666	£14,577	£10,301	£52,837
Net Return	£7,398	£12,038	£14,895	£17,011	£12,944	£64,287
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	11%	18%	23%	26%	20%	98%