	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,504	£12,692	£12,882	£13,204	£13,534	£64,816
Total Expenses	£9,846	£9,915	£9,975	£10,049	£10,125	£49,910
Profit Before Tax	£2,658	£2,777	£2,907	£3,155	£3,409	£14,905
Profit After Tax	£2,153	£2,249	£2,355	£2,555	£2,762	£12,073
Change In Property Value	£5,125	£9,456	£12,077	£13,899	£9,822	£50,379
Net Return	£7,278	£11,705	£14,431	£16,455	£12,584	£62,453
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	100%