	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	£6,000	£11,330	£13,040	£13,822	£10,989	£55,181
Net Return	£8,204	£13,629	£15,444	£16,425	£13,795	£67,497
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	111%