	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,024	£12,204	£12,387	£12,697	£13,015	£62,327
Total Expenses	£9,155	£9,223	£9,282	£9,355	£9,429	£46,444
Profit Before Tax	£2,869	£2,982	£3,105	£3,342	£3,585	£15,884
Profit After Tax	£2,324	£2,415	£2,515	£2,707	£2,904	£12,866
Change In Property Value	£3,700	£7,548	£9,812	£10,303	£7,573	£38,936
Net Return	£6,024	£9,963	£12,328	£13,010	£10,477	£51,802
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	11%	18%	22%	23%	19%	92%