	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£10,015	£10,084	£10,144	£10,219	£10,294	£50,756
Profit Before Tax	£2,585	£2,705	£2,837	£3,087	£3,344	£14,557
Profit After Tax	£2,094	£2,191	£2,298	£2,500	£2,708	£11,791
Change In Property Value	£6,299	£11,894	£13,689	£14,510	£11,535	£57,926
Net Return	£8,392	£14,085	£15,986	£17,010	£14,244	£69,717
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	22%	25%	27%	22%	109%