	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,936	£13,195	£13,525	£13,863	£14,209	£67,727
Total Expenses	£9,689	£9,726	£9,770	£9,815	£9,860	£48,860
Profit Before Tax	£3,247	£3,468	£3,755	£4,048	£4,349	£18,867
Profit After Tax	£2,630	£2,809	£3,041	£3,279	£3,523	£15,282
Change In Property Value	£5,970	£6,149	£10,556	£13,301	£14,099	£50,074
Net Return	£8,600	£8,959	£13,597	£16,579	£17,621	£65,356
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	14%	15%	22%	27%	29%	107%