	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,960	£13,154	£13,483	£13,820	£14,235	£67,653
Total Expenses	£10,436	£10,501	£10,577	£10,654	£10,738	£52,906
Profit Before Tax	£2,524	£2,653	£2,906	£3,166	£3,496	£14,747
Profit After Tax	£2,045	£2,149	£2,354	£2,564	£2,832	£11,945
Change In Property Value	£5,399	£5,560	£10,500	£12,085	£12,810	£46,353
Net Return	£7,443	£7,710	£12,854	£14,649	£15,642	£58,298
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	23%	27%	28%	106%