	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,168	£12,351	£12,659	£12,976	£13,365	£63,519
Total Expenses	£9,922	£9,986	£10,060	£10,135	£10,217	£50,321
Profit Before Tax	£2,246	£2,364	£2,599	£2,840	£3,148	£13,198
Profit After Tax	£1,819	£1,915	£2,105	£2,301	£2,550	£10,690
Change In Property Value	£5,070	£5,222	£9,861	£11,349	£12,030	£43,532
Net Return	£6,889	£7,137	£11,967	£13,650	£14,580	£54,223
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	13%	14%	23%	26%	28%	105%