	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,336	£12,521	£12,709	£13,027	£13,352	£63,945
Total Expenses	£9,636	£9,705	£9,765	£9,838	£9,914	£48,858
Profit Before Tax	£2,700	£2,816	£2,944	£3,188	£3,439	£15,087
Profit After Tax	£2,187	£2,281	£2,385	£2,582	£2,785	£12,220
Change In Property Value	£2	£3,980	£7,104	£9,454	£6,586	£27,126
Net Return	£2,189	£6,261	£9,489	£12,036	£9,372	£39,347
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	16%	20%	15%	65%