	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,540	£12,728	£12,919	£13,242	£13,573	£65,002
Total Expenses	£9,689	£9,758	£9,818	£9,892	£9,968	£49,125
Profit Before Tax	£2,851	£2,970	£3,101	£3,350	£3,605	£15,878
Profit After Tax	£2,309	£2,406	£2,512	£2,713	£2,920	£12,861
Change In Property Value	£5,000	£9,225	£11,782	£13,560	£9,583	£49,151
Net Return	£7,309	£11,631	£14,294	£16,274	£12,503	£62,011
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	27%	20%	112%