	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£8,999	£9,031	£9,060	£9,103	£9,147	£45,341
Profit Before Tax	£3,601	£3,758	£3,921	£4,202	£4,491	£19,973
Profit After Tax	£2,917	£3,044	£3,176	£3,404	£3,638	£16,178
Change In Property Value	£5,625	£10,378	£13,255	£15,255	£10,781	£55,294
Net Return	£8,542	£13,422	£16,431	£18,659	£14,418	£71,472
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	12%	20%	24%	27%	21%	104%