	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£13,109	£13,436	£13,840	£65,774
Total Expenses	£10,201	£10,266	£10,341	£10,418	£10,501	£51,726
Profit Before Tax	£2,399	£2,523	£2,768	£3,019	£3,339	£14,047
Profit After Tax	£1,943	£2,044	£2,242	£2,445	£2,705	£11,378
Change In Property Value	£5,249	£5,406	£10,208	£11,749	£12,454	£45,065
Net Return	£7,192	£7,450	£12,450	£14,194	£15,158	£56,444
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	13%	14%	23%	27%	28%	106%