	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,900	£13,158	£13,487	£13,824	£14,170	£67,539
Total Expenses	£10,320	£10,357	£10,401	£10,446	£10,491	£52,015
Profit Before Tax	£2,580	£2,801	£3,086	£3,378	£3,679	£15,523
Profit After Tax	£2,090	£2,268	£2,500	£2,736	£2,980	£12,574
Change In Property Value	£6,450	£6,644	£11,405	£14,370	£15,232	£54,100
Net Return	£8,540	£8,912	£13,904	£17,106	£18,212	£66,674
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	13%	21%	26%	27%	100%