	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,372	£12,558	£12,746	£13,065	£13,391	£64,131
Total Expenses	£9,656	£9,725	£9,785	£9,858	£9,934	£48,957
Profit Before Tax	£2,716	£2,833	£2,961	£3,206	£3,458	£15,174
Profit After Tax	£2,200	£2,295	£2,399	£2,597	£2,801	£12,291
Change In Property Value	£5,985	£11,302	£13,007	£13,788	£10,961	£55,043
Net Return	£8,185	£13,596	£15,406	£16,385	£13,762	£67,334
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	111%