	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,480	£12,667	£12,984	£13,308	£13,708	£65,147
Total Expenses	£9,485	£9,515	£9,557	£9,601	£9,651	£47,809
Profit Before Tax	£2,995	£3,152	£3,427	£3,708	£4,056	£17,339
Profit After Tax	£2,426	£2,553	£2,776	£3,003	£3,286	£14,044
Change In Property Value	£6,825	£7,064	£11,489	£13,223	£14,016	£52,616
Net Return	£9,251	£9,617	£14,264	£16,226	£17,302	£66,661
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	16%	16%	24%	27%	29%	112%