	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,396	£12,644	£12,960	£13,284	£13,616	£64,900
Total Expenses	£9,673	£9,709	£9,751	£9,795	£9,838	£48,766
Profit Before Tax	£2,723	£2,935	£3,209	£3,489	£3,778	£16,134
Profit After Tax	£2,206	£2,377	£2,599	£2,826	£3,060	£13,069
Change In Property Value	£5,999	£6,178	£10,606	£13,364	£14,166	£50,313
Net Return	£8,204	£8,556	£13,205	£16,190	£17,226	£63,382
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	13%	14%	21%	26%	28%	103%