	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,804	£13,060	£13,387	£13,721	£14,064	£67,036
Total Expenses	£9,715	£9,753	£9,796	£9,840	£9,885	£48,989
Profit Before Tax	£3,089	£3,308	£3,591	£3,881	£4,179	£18,047
Profit After Tax	£2,502	£2,679	£2,908	£3,144	£3,385	£14,618
Change In Property Value	£6,000	£6,180	£10,609	£13,367	£14,169	£50,326
Net Return	£8,502	£8,859	£13,517	£16,511	£17,554	£64,944
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	14%	14%	22%	27%	28%	105%