	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,156	£12,338	£12,647	£12,963	£13,352	£63,456
Total Expenses	£9,254	£9,284	£9,325	£9,368	£9,417	£46,648
Profit Before Tax	£2,902	£3,055	£3,322	£3,595	£3,935	£16,808
Profit After Tax	£2,351	£2,474	£2,691	£2,912	£3,187	£13,615
Change In Property Value	£6,650	£6,883	£11,194	£12,884	£13,657	£51,267
Net Return	£9,001	£9,357	£13,885	£15,796	£16,844	£64,882
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	16%	16%	24%	27%	29%	112%