	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£9,693	£9,762	£9,822	£9,897	£9,973	£49,148
Profit Before Tax	£2,907	£3,027	£3,158	£3,409	£3,665	£16,166
Profit After Tax	£2,354	£2,452	£2,558	£2,761	£2,969	£13,094
Change In Property Value	£5,999	£11,327	£13,037	£13,819	£10,986	£55,167
Net Return	£8,353	£13,779	£15,595	£16,580	£13,955	£68,261
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	14%	23%	26%	27%	23%	112%