	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,312	£12,497	£12,809	£13,129	£13,523	£64,270
Total Expenses	£10,412	£10,477	£10,551	£10,627	£10,709	£52,776
Profit Before Tax	£1,900	£2,020	£2,258	£2,502	£2,814	£11,494
Profit After Tax	£1,539	£1,636	£1,829	£2,027	£2,280	£9,310
Change In Property Value	£5,430	£5,593	£10,561	£12,155	£12,884	£46,624
Net Return	£6,969	£7,229	£12,390	£14,182	£15,164	£55,934
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	22%	26%	27%	101%