	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,204	£12,387	£12,697	£13,014	£13,405	£63,707
Total Expenses	£9,655	£9,685	£9,727	£9,770	£9,819	£48,656
Profit Before Tax	£2,549	£2,702	£2,970	£3,245	£3,585	£15,050
Profit After Tax	£2,064	£2,189	£2,406	£2,628	£2,904	£12,191
Change In Property Value	£5,000	£5,125	£9,456	£12,077	£13,899	£45,557
Net Return	£7,064	£7,314	£11,861	£14,705	£16,804	£57,748
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	12%	19%	24%	28%	95%