	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,756	£12,947	£13,271	£13,603	£14,011	£66,588
Total Expenses	£10,504	£10,535	£10,578	£10,622	£10,673	£52,912
Profit Before Tax	£2,252	£2,413	£2,693	£2,981	£3,337	£13,676
Profit After Tax	£1,824	£1,954	£2,181	£2,414	£2,703	£11,077
Change In Property Value	£6,600	£6,798	£12,837	£14,774	£15,661	£56,670
Net Return	£8,424	£8,752	£15,018	£17,189	£18,364	£67,747
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	22%	26%	27%	101%