	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,444	£12,631	£12,946	£13,270	£13,668	£64,959
Total Expenses	£10,009	£10,074	£10,148	£10,224	£10,307	£50,762
Profit Before Tax	£2,435	£2,557	£2,798	£3,046	£3,361	£14,197
Profit After Tax	£1,972	£2,071	£2,267	£2,467	£2,723	£11,500
Change In Property Value	£5,115	£5,268	£9,949	£11,450	£12,137	£43,919
Net Return	£7,087	£7,340	£12,215	£13,917	£14,860	£55,419
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	23%	27%	28%	106%