	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,708	£12,899	£13,092	£13,419	£13,755	£65,873
Total Expenses	£9,867	£9,936	£9,996	£10,071	£10,147	£50,016
Profit Before Tax	£2,841	£2,963	£3,096	£3,349	£3,608	£15,857
Profit After Tax	£2,301	£2,400	£2,508	£2,712	£2,923	£12,844
Change In Property Value	£6,150	£11,613	£13,366	£14,168	£11,263	£56,560
Net Return	£8,451	£14,013	£15,874	£16,880	£14,186	£69,404
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	14%	22%	25%	27%	23%	111%