	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	£4,000	£4,080	£8,323	£10,820	£11,361	£38,585
Net Return	£6,353	£6,562	£11,029	£13,756	£14,582	£52,282
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	10%	11%	18%	23%	24%	86%