	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,912	£13,106	£13,302	£13,635	£13,976	£66,930
Total Expenses	£9,887	£9,956	£10,017	£10,092	£10,169	£50,121
Profit Before Tax	£3,025	£3,149	£3,285	£3,543	£3,807	£16,810
Profit After Tax	£2,450	£2,551	£2,661	£2,870	£3,084	£13,616
Change In Property Value	£2	£4,100	£7,318	£9,739	£6,785	£27,944
Net Return	£2,452	£6,651	£9,980	£12,608	£9,868	£41,559
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	11%	16%	20%	16%	66%