	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,396	£12,582	£12,771	£13,090	£13,417	£64,256
Total Expenses	£9,996	£10,065	£10,125	£10,199	£10,274	£50,659
Profit Before Tax	£2,400	£2,517	£2,646	£2,891	£3,143	£13,597
Profit After Tax	£1,944	£2,039	£2,143	£2,342	£2,546	£11,014
Change In Property Value	£2	£4,200	£7,497	£9,976	£6,950	£28,626
Net Return	£1,946	£6,239	£9,640	£12,318	£9,496	£39,640
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	10%	15%	19%	15%	72%