	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,912	£13,170	£13,434	£13,769	£14,114	£67,399
Total Expenses	£9,887	£9,963	£10,030	£10,106	£10,183	£50,169
Profit Before Tax	£3,025	£3,207	£3,403	£3,664	£3,931	£17,230
Profit After Tax	£2,450	£2,598	£2,757	£2,968	£3,184	£13,957
Change In Property Value	£6,150	£10,558	£13,302	£14,101	£12,456	£56,566
Net Return	£8,600	£13,155	£16,059	£17,068	£15,640	£70,523
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	24%	22%	101%