	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,084	£12,265	£12,449	£12,760	£13,079	£62,638
Total Expenses	£9,579	£9,647	£9,707	£9,780	£9,854	£48,566
Profit Before Tax	£2,505	£2,618	£2,743	£2,981	£3,225	£14,072
Profit After Tax	£2,029	£2,121	£2,222	£2,415	£2,613	£11,398
Change In Property Value	£4,950	£9,133	£11,665	£13,425	£9,487	£48,659
Net Return	£6,979	£11,253	£13,886	£15,839	£12,099	£60,057
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	99%