	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,840	£13,033	£13,228	£13,559	£13,898	£66,557
Total Expenses	£9,944	£10,013	£10,074	£10,149	£10,225	£50,406
Profit Before Tax	£2,896	£3,019	£3,154	£3,410	£3,672	£16,151
Profit After Tax	£2,346	£2,445	£2,555	£2,762	£2,975	£13,082
Change In Property Value	£6,210	£11,727	£13,496	£14,306	£11,373	£57,112
Net Return	£8,556	£14,172	£16,051	£17,068	£14,348	£70,194
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	14%	22%	25%	27%	23%	111%