	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,324	£12,509	£12,822	£13,142	£13,536	£64,333
Total Expenses	£10,461	£10,491	£10,533	£10,576	£10,626	£52,687
Profit Before Tax	£1,863	£2,018	£2,289	£2,566	£2,910	£11,646
Profit After Tax	£1,509	£1,635	£1,854	£2,079	£2,357	£9,434
Change In Property Value	£7,700	£7,970	£12,962	£14,918	£15,813	£59,362
Net Return	£9,209	£9,604	£14,816	£16,997	£18,170	£68,796
Return From Rental Income (%)	2%	2%	3%	3%	4%	14%
Total Net Return (%)	14%	14%	22%	25%	27%	103%