	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,348	£12,533	£12,847	£13,168	£13,563	£64,458
Total Expenses	£10,773	£10,837	£10,912	£10,988	£11,070	£54,579
Profit Before Tax	£1,575	£1,696	£1,935	£2,180	£2,493	£9,879
Profit After Tax	£1,276	£1,374	£1,567	£1,766	£2,019	£8,002
Change In Property Value	£5,700	£5,871	£11,086	£12,759	£13,525	£48,941
Net Return	£6,976	£7,244	£12,653	£14,525	£15,544	£56,942
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	12%	12%	22%	25%	27%	98%