	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	£9,118	£9,149	£9,177	£9,219	£9,262	£45,925
Profit Before Tax	£3,074	£3,226	£3,383	£3,655	£3,934	£17,273
Profit After Tax	£2,490	£2,613	£2,740	£2,961	£3,187	£13,991
Change In Property Value	£4,599	£9,382	£12,197	£12,806	£9,413	£48,397
Net Return	£7,089	£11,995	£14,937	£15,767	£12,599	£62,388
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	10%	17%	21%	23%	18%	89%