	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,780	£12,972	£13,296	£13,628	£14,037	£66,713
Total Expenses	£10,420	£10,485	£10,560	£10,637	£10,721	£52,822
Profit Before Tax	£2,361	£2,487	£2,736	£2,991	£3,317	£13,891
Profit After Tax	£1,912	£2,014	£2,216	£2,423	£2,686	£11,252
Change In Property Value	£5,400	£5,562	£10,503	£12,088	£12,813	£46,366
Net Return	£7,312	£7,576	£12,719	£14,511	£15,500	£57,618
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	105%