	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,456	£12,643	£12,959	£13,283	£13,681	£65,022
Total Expenses	£10,109	£10,174	£10,249	£10,325	£10,407	£51,264
Profit Before Tax	£2,347	£2,469	£2,710	£2,958	£3,274	£13,758
Profit After Tax	£1,901	£2,000	£2,195	£2,396	£2,652	£11,144
Change In Property Value	£5,190	£5,346	£10,094	£11,618	£12,315	£44,563
Net Return	£7,091	£7,345	£12,290	£14,014	£14,967	£55,707
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	13%	14%	23%	26%	28%	105%