	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,732	£12,923	£13,117	£13,445	£13,781	£65,997
Total Expenses	£9,573	£9,642	£9,703	£9,777	£9,853	£48,548
Profit Before Tax	£3,159	£3,281	£3,414	£3,668	£3,927	£17,449
Profit After Tax	£2,559	£2,657	£2,766	£2,971	£3,181	£14,134
Change In Property Value	£5,874	£11,092	£12,766	£13,532	£10,758	£54,022
Net Return	£8,433	£13,750	£15,532	£16,503	£13,939	£68,156
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	114%