	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,540	£12,728	£12,919	£13,242	£13,573	£65,002
Total Expenses	£9,367	£9,436	£9,496	£9,570	£9,646	£47,514
Profit Before Tax	£3,173	£3,292	£3,423	£3,672	£3,927	£17,488
Profit After Tax	£2,570	£2,667	£2,773	£2,974	£3,181	£14,165
Change In Property Value	£3,800	£7,752	£10,077	£10,581	£7,777	£39,986
Net Return	£6,370	£10,418	£12,850	£13,555	£10,958	£54,152
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	11%	18%	22%	23%	19%	93%