	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,816	£13,008	£13,203	£13,533	£13,872	£66,433
Total Expenses	£10,038	£10,108	£10,168	£10,243	£10,319	£50,876
Profit Before Tax	£2,778	£2,901	£3,035	£3,291	£3,552	£15,556
Profit After Tax	£2,250	£2,350	£2,459	£2,665	£2,877	£12,601
Change In Property Value	£5,250	£9,686	£12,371	£14,238	£10,062	£51,608
Net Return	£7,500	£12,036	£14,830	£16,904	£12,939	£64,209
Return From Rental Income (%)	4%	4%	4%	4%	4%	20%
Total Net Return (%)	12%	19%	23%	26%	20%	100%