	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,216	£12,399	£12,585	£12,900	£13,222	£63,323
Total Expenses	£9,174	£9,242	£9,302	£9,375	£9,450	£46,543
Profit Before Tax	£3,042	£3,157	£3,283	£3,525	£3,772	£16,779
Profit After Tax	£2,464	£2,557	£2,659	£2,855	£3,056	£13,591
Change In Property Value	£5,550	£10,480	£12,062	£12,786	£10,164	£51,042
Net Return	£8,014	£13,037	£14,721	£15,641	£13,220	£64,633
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	114%