	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,348	£12,533	£12,721	£13,039	£13,365	£64,007
Total Expenses	£9,346	£9,415	£9,475	£9,548	£9,624	£47,408
Profit Before Tax	£3,002	£3,118	£3,246	£3,491	£3,742	£16,599
Profit After Tax	£2,431	£2,526	£2,630	£2,828	£3,031	£13,445
Change In Property Value	£5,699	£10,761	£12,385	£13,128	£10,436	£52,408
Net Return	£8,130	£13,286	£15,014	£15,955	£13,467	£65,853
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	23%	26%	28%	23%	114%