	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,250	£12,434	£12,745	£13,063	£13,455	£63,947
Total Expenses	£10,168	£10,233	£10,307	£10,382	£10,464	£51,554
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	£5,250	£5,408	£10,211	£11,752	£12,457	£45,078
Net Return	£6,936	£7,191	£12,186	£13,924	£14,880	£55,116
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%