	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,024	£12,204	£12,387	£12,697	£13,015	£62,327
Total Expenses	£9,155	£9,223	£9,282	£9,355	£9,429	£46,444
Profit Before Tax	£2,869	£2,982	£3,105	£3,342	£3,585	£15,884
Profit After Tax	£2,324	£2,415	£2,515	£2,707	£2,904	£12,866
Change In Property Value	£2,775	£6,572	£8,746	£10,155	£7,464	£35,711
Net Return	£5,099	£8,987	£11,261	£12,862	£10,368	£48,577
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	9%	16%	20%	23%	18%	86%