	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,324	£12,509	£12,822	£13,142	£13,536	£64,333
Total Expenses	£10,215	£10,280	£10,354	£10,430	£10,512	£51,791
Profit Before Tax	£2,109	£2,229	£2,468	£2,712	£3,024	£12,542
Profit After Tax	£1,708	£1,806	£1,999	£2,197	£2,450	£10,159
Change In Property Value	£5,280	£5,438	£10,270	£11,819	£12,528	£45,336
Net Return	£6,988	£7,244	£12,268	£14,016	£14,978	£55,495
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%