	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,444	£12,631	£12,820	£13,141	£13,469	£64,505
Total Expenses	£9,599	£9,668	£9,728	£9,801	£9,877	£48,673
Profit Before Tax	£2,845	£2,963	£3,093	£3,339	£3,592	£15,832
Profit After Tax	£2,304	£2,400	£2,505	£2,705	£2,910	£12,824
Change In Property Value	£5,925	£11,188	£12,877	£13,649	£10,851	£54,491
Net Return	£8,229	£13,588	£15,382	£16,354	£13,761	£67,315
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	14%	23%	26%	27%	23%	112%