	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,540	£12,728	£12,919	£13,242	£13,573	£65,002
Total Expenses	£9,366	£9,434	£9,495	£9,569	£9,644	£47,508
Profit Before Tax	£3,174	£3,294	£3,424	£3,673	£3,929	£17,494
Profit After Tax	£2,571	£2,668	£2,774	£2,975	£3,182	£14,170
Change In Property Value	£5,699	£10,761	£12,385	£13,128	£10,436	£52,408
Net Return	£8,270	£13,429	£15,158	£16,103	£13,619	£66,578
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	115%