	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,444	£12,631	£12,820	£13,141	£13,469	£64,505
Total Expenses	£9,631	£9,700	£9,760	£9,834	£9,909	£48,833
Profit Before Tax	£2,813	£2,931	£3,060	£3,307	£3,560	£15,671
Profit After Tax	£2,278	£2,374	£2,479	£2,679	£2,884	£12,694
Change In Property Value	£4,963	£9,156	£11,694	£13,459	£9,511	£48,782
Net Return	£7,241	£11,530	£14,173	£16,137	£12,394	£61,475
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	27%	20%	102%