	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,804	£13,060	£13,321	£13,654	£13,996	£66,835
Total Expenses	£9,715	£9,791	£9,858	£9,933	£10,010	£49,308
Profit Before Tax	£3,089	£3,269	£3,463	£3,721	£3,986	£17,528
Profit After Tax	£2,502	£2,648	£2,805	£3,014	£3,228	£14,197
Change In Property Value	£6,000	£10,300	£12,978	£13,757	£12,152	£55,186
Net Return	£8,502	£12,948	£15,783	£16,771	£15,380	£69,384
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	25%	23%	102%