	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,192	£12,375	£12,561	£12,875	£13,196	£63,198
Total Expenses	£9,119	£9,150	£9,179	£9,221	£9,264	£45,933
Profit Before Tax	£3,073	£3,225	£3,381	£3,654	£3,933	£17,265
Profit After Tax	£2,489	£2,612	£2,739	£2,959	£3,185	£13,985
Change In Property Value	£5,750	£10,609	£13,550	£15,595	£11,020	£56,523
Net Return	£8,239	£13,221	£16,289	£18,554	£14,206	£70,508
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	27%	20%	101%