	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,288	£12,472	£12,784	£13,104	£13,497	£64,145
Total Expenses	£9,465	£9,495	£9,537	£9,580	£9,630	£47,708
Profit Before Tax	£2,823	£2,977	£3,247	£3,524	£3,867	£16,437
Profit After Tax	£2,286	£2,411	£2,630	£2,854	£3,132	£13,314
Change In Property Value	£5,850	£6,026	£11,378	£13,095	£13,881	£50,230
Net Return	£8,136	£8,437	£14,008	£15,949	£17,013	£63,543
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	24%	27%	29%	107%