	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,156	£12,338	£12,523	£12,837	£13,157	£63,012
Total Expenses	£9,731	£9,799	£9,859	£9,932	£10,007	£49,328
Profit Before Tax	£2,425	£2,539	£2,665	£2,905	£3,151	£13,684
Profit After Tax	£1,964	£2,057	£2,158	£2,353	£2,552	£11,084
Change In Property Value	£6,075	£11,472	£13,203	£13,995	£11,126	£55,870
Net Return	£8,039	£13,528	£15,361	£16,348	£13,678	£66,954
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	13%	22%	25%	26%	22%	108%