	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,924	£11,197	£11,533	£54,811
Total Expenses	£8,009	£8,071	£8,141	£8,212	£8,288	£40,721
Profit Before Tax	£2,491	£2,586	£2,783	£2,985	£3,245	£14,090
Profit After Tax	£2,017	£2,095	£2,254	£2,418	£2,628	£11,413
Change In Property Value	£3,125	£3,203	£5,910	£7,548	£8,687	£28,473
Net Return	£5,142	£5,298	£8,164	£9,966	£11,315	£39,886
Return From Rental Income (%)	5%	5%	6%	6%	7%	30%
Total Net Return (%)	13%	14%	21%	26%	29%	104%