	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	£5,970	£11,273	£12,975	£13,753	£10,934	£54,905
Net Return	£8,157	£13,554	£15,359	£16,336	£13,719	£67,125
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	111%