	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,468	£12,717	£13,035	£13,361	£13,695	£65,277
Total Expenses	£10,277	£10,313	£10,356	£10,399	£10,444	£51,789
Profit Before Tax	£2,191	£2,404	£2,679	£2,962	£3,252	£13,488
Profit After Tax	£1,775	£1,947	£2,170	£2,399	£2,634	£10,925
Change In Property Value	£6,450	£6,644	£11,405	£14,370	£15,232	£54,100
Net Return	£8,225	£8,591	£13,575	£16,769	£17,866	£65,025
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	11%	12%	19%	23%	24%	89%