	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	£9,052	£9,120	£9,181	£9,255	£9,331	£45,938
Profit Before Tax	£3,549	£3,669	£3,800	£4,050	£4,307	£19,375
Profit After Tax	£2,874	£2,972	£3,078	£3,281	£3,489	£15,694
Change In Property Value	£5,400	£10,197	£11,736	£12,440	£9,890	£49,663
Net Return	£8,274	£13,169	£14,814	£15,721	£13,379	£65,356
Return From Rental Income (%)	5%	5%	6%	6%	6%	29%
Total Net Return (%)	15%	24%	27%	29%	24%	119%