	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,180	£12,424	£12,672	£12,989	£13,314	£63,578
Total Expenses	£8,475	£8,512	£8,547	£8,589	£8,632	£42,754
Profit Before Tax	£3,705	£3,912	£4,125	£4,400	£4,682	£20,824
Profit After Tax	£3,001	£3,169	£3,342	£3,564	£3,792	£16,868
Change In Property Value	£6,300	£10,815	£13,627	£14,445	£12,759	£57,946
Net Return	£9,301	£13,984	£16,968	£18,009	£16,551	£74,813
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	13%	20%	24%	25%	23%	104%