	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,840	£13,033	£13,228	£13,559	£13,898	£66,557
Total Expenses	£10,684	£10,754	£10,814	£10,889	£10,966	£54,106
Profit Before Tax	£2,156	£2,279	£2,414	£2,670	£2,932	£12,451
Profit After Tax	£1,746	£1,846	£1,955	£2,163	£2,375	£10,085
Change In Property Value	£4,600	£9,384	£12,199	£12,809	£9,415	£48,407
Net Return	£6,346	£11,230	£14,155	£14,972	£11,790	£58,492
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	9%	16%	20%	21%	17%	84%