	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£13,109	£13,436	£13,840	£65,774
Total Expenses	£10,687	£10,717	£10,760	£10,804	£10,855	£53,823
Profit Before Tax	£1,913	£2,072	£2,349	£2,633	£2,985	£11,951
Profit After Tax	£1,550	£1,678	£1,902	£2,132	£2,418	£9,680
Change In Property Value	£7,875	£8,151	£13,256	£15,257	£16,172	£60,711
Net Return	£9,425	£9,829	£15,159	£17,389	£18,590	£70,392
Return From Rental Income (%)	2%	2%	3%	3%	4%	14%
Total Net Return (%)	14%	14%	22%	25%	27%	103%