	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,480	£12,667	£12,984	£13,308	£13,708	£65,147
Total Expenses	£9,643	£9,674	£9,716	£9,759	£9,810	£48,602
Profit Before Tax	£2,837	£2,994	£3,268	£3,549	£3,898	£16,545
Profit After Tax	£2,298	£2,425	£2,647	£2,875	£3,157	£13,402
Change In Property Value	£4,975	£5,099	£9,408	£12,017	£13,830	£45,329
Net Return	£7,273	£7,524	£12,055	£14,891	£16,987	£58,731
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	12%	12%	20%	25%	28%	97%