	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	£9,367	£9,436	£9,496	£9,570	£9,646	£47,516
Profit Before Tax	£3,173	£3,292	£3,423	£3,672	£3,927	£17,486
Profit After Tax	£2,570	£2,667	£2,773	£2,974	£3,181	£14,164
Change In Property Value	£5,700	£10,764	£12,388	£13,131	£10,439	£52,422
Net Return	£8,270	£13,430	£15,160	£16,105	£13,620	£66,586
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	115%