	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,192	£12,375	£12,561	£12,875	£13,196	£63,198
Total Expenses	£9,653	£9,721	£9,780	£9,854	£9,929	£48,936
Profit Before Tax	£2,539	£2,654	£2,780	£3,021	£3,268	£14,262
Profit After Tax	£2,057	£2,150	£2,252	£2,447	£2,647	£11,552
Change In Property Value	£4,999	£9,223	£11,779	£13,557	£9,580	£49,138
Net Return	£7,056	£11,372	£14,031	£16,004	£12,227	£60,691
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	100%