	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,240	£12,424	£12,734	£13,053	£13,444	£63,894
Total Expenses	£9,967	£10,031	£10,105	£10,181	£10,263	£50,547
Profit Before Tax	£2,273	£2,392	£2,629	£2,872	£3,181	£13,348
Profit After Tax	£1,841	£1,938	£2,130	£2,326	£2,577	£10,812
Change In Property Value	£5,099	£5,251	£9,916	£11,413	£12,098	£43,777
Net Return	£6,940	£7,189	£12,046	£13,739	£14,675	£54,589
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	13%	14%	23%	26%	28%	105%