	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,396	£12,582	£12,771	£13,090	£13,417	£64,256
Total Expenses	£9,675	£9,743	£9,803	£9,877	£9,952	£49,050
Profit Before Tax	£2,721	£2,839	£2,968	£3,213	£3,465	£15,206
Profit After Tax	£2,204	£2,299	£2,404	£2,603	£2,807	£12,317
Change In Property Value	£4,000	£8,160	£10,608	£11,138	£8,187	£42,093
Net Return	£6,204	£10,459	£13,012	£13,741	£10,993	£54,410
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	10%	17%	21%	23%	18%	89%