	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	£9,639	£9,708	£9,768	£9,843	£9,920	£48,878
Profit Before Tax	£3,201	£3,325	£3,460	£3,716	£3,978	£17,679
Profit After Tax	£2,593	£2,693	£2,802	£3,010	£3,222	£14,320
Change In Property Value	£5,925	£11,188	£12,877	£13,649	£10,851	£54,491
Net Return	£8,518	£13,881	£15,679	£16,659	£14,073	£68,811
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	114%