	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	£9,522	£9,597	£9,664	£9,738	£9,814	£48,334
Profit Before Tax	£2,958	£3,133	£3,321	£3,571	£3,828	£16,810
Profit After Tax	£2,396	£2,537	£2,690	£2,892	£3,100	£13,616
Change In Property Value	£5,850	£10,043	£12,654	£13,413	£11,848	£53,807
Net Return	£8,246	£12,580	£15,343	£16,305	£14,948	£67,423
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	25%	23%	102%