	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,420	£12,606	£12,795	£13,115	£13,443	£64,380
Total Expenses	£9,142	£9,173	£9,203	£9,245	£9,288	£46,052
Profit Before Tax	£3,278	£3,433	£3,593	£3,870	£4,155	£18,329
Profit After Tax	£2,655	£2,781	£2,910	£3,135	£3,365	£14,846
Change In Property Value	£5,750	£10,609	£13,550	£15,595	£11,020	£56,523
Net Return	£8,405	£13,389	£16,460	£18,729	£14,385	£71,369
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	24%	27%	21%	102%