	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,096	£12,277	£12,462	£12,773	£13,092	£62,701
Total Expenses	£9,805	£9,874	£9,933	£10,006	£10,081	£49,699
Profit Before Tax	£2,291	£2,404	£2,529	£2,767	£3,012	£13,002
Profit After Tax	£1,855	£1,947	£2,048	£2,241	£2,440	£10,532
Change In Property Value	£5,125	£9,456	£12,077	£13,899	£9,822	£50,379
Net Return	£6,980	£11,403	£14,125	£16,141	£12,262	£60,911
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	11%	18%	23%	26%	20%	97%