	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,204	£12,387	£12,573	£12,887	£13,209	£63,260
Total Expenses	£9,655	£9,724	£9,783	£9,857	£9,931	£48,950
Profit Before Tax	£2,549	£2,663	£2,790	£3,031	£3,278	£14,310
Profit After Tax	£2,064	£2,157	£2,260	£2,455	£2,655	£11,591
Change In Property Value	£5,000	£9,225	£11,782	£13,560	£9,583	£49,151
Net Return	£7,064	£11,382	£14,042	£16,015	£12,238	£60,742
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	100%