	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,156	£12,399	£12,647	£12,963	£13,287	£63,453
Total Expenses	£9,329	£9,403	£9,469	£9,542	£9,617	£47,361
Profit Before Tax	£2,827	£2,996	£3,178	£3,421	£3,670	£16,092
Profit After Tax	£2,290	£2,427	£2,574	£2,771	£2,973	£13,035
Change In Property Value	£5,700	£9,785	£12,329	£13,069	£11,544	£52,427
Net Return	£7,990	£12,212	£14,903	£15,840	£14,517	£65,462
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	25%	22%	101%