	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,240	£12,485	£12,797	£13,117	£13,445	£64,083
Total Expenses	£9,374	£9,444	£9,518	£9,594	£9,670	£47,600
Profit Before Tax	£2,866	£3,041	£3,279	£3,523	£3,775	£16,484
Profit After Tax	£2,322	£2,463	£2,656	£2,853	£3,058	£13,352
Change In Property Value	£4,650	£4,790	£8,222	£10,360	£10,981	£39,002
Net Return	£6,972	£7,252	£10,878	£13,213	£14,039	£52,354
Return From Rental Income (%)	4%	5%	5%	5%	6%	26%
Total Net Return (%)	13%	14%	21%	25%	27%	100%