	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,960	£13,154	£13,352	£13,686	£14,028	£67,179
Total Expenses	£10,306	£10,338	£10,368	£10,412	£10,457	£51,882
Profit Before Tax	£2,654	£2,816	£2,984	£3,273	£3,571	£15,298
Profit After Tax	£2,150	£2,281	£2,417	£2,652	£2,892	£12,391
Change In Property Value	£2,645	£8,014	£11,006	£12,877	£10,467	£45,010
Net Return	£4,795	£10,295	£13,423	£15,529	£13,359	£57,401
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	6%	13%	17%	19%	16%	71%