	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,252	£12,436	£12,747	£13,065	£13,457	£63,957
Total Expenses	£10,170	£10,235	£10,309	£10,384	£10,466	£51,565
Profit Before Tax	£2,082	£2,201	£2,438	£2,681	£2,991	£12,393
Profit After Tax	£1,686	£1,783	£1,975	£2,172	£2,423	£10,038
Change In Property Value	£5,252	£5,409	£10,214	£11,755	£12,461	£45,091
Net Return	£6,938	£7,192	£12,189	£13,927	£14,884	£55,129
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%