	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,072	£12,253	£12,559	£12,873	£13,260	£63,017
Total Expenses	£9,952	£10,016	£10,090	£10,165	£10,246	£50,469
Profit Before Tax	£2,120	£2,237	£2,470	£2,708	£3,013	£12,549
Profit After Tax	£1,717	£1,812	£2,001	£2,194	£2,441	£10,164
Change In Property Value	£5,100	£5,253	£9,919	£11,416	£12,101	£43,790
Net Return	£6,817	£7,065	£11,920	£13,610	£14,542	£53,955
Return From Rental Income (%)	3%	3%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	104%