	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,480	£12,730	£12,984	£13,309	£13,642	£65,144
Total Expenses	£9,470	£9,507	£9,543	£9,586	£9,630	£47,737
Profit Before Tax	£3,010	£3,222	£3,441	£3,723	£4,011	£17,407
Profit After Tax	£2,438	£2,610	£2,787	£3,015	£3,249	£14,100
Change In Property Value	£7,200	£12,360	£15,574	£16,508	£14,582	£66,224
Net Return	£9,638	£14,970	£18,361	£19,523	£17,831	£80,324
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	12%	18%	22%	24%	22%	98%