	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£13,109	£13,436	£13,840	£65,774
Total Expenses	£9,695	£9,725	£9,768	£9,812	£9,863	£48,863
Profit Before Tax	£2,905	£3,064	£3,341	£3,625	£3,977	£16,911
Profit After Tax	£2,353	£2,482	£2,706	£2,936	£3,221	£13,698
Change In Property Value	£6,000	£6,180	£11,670	£13,431	£14,237	£51,518
Net Return	£8,353	£8,662	£14,376	£16,367	£17,458	£65,215
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	24%	27%	29%	107%