	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,420	£12,606	£12,921	£13,244	£13,642	£64,834
Total Expenses	£10,185	£10,250	£10,324	£10,400	£10,483	£51,642
Profit Before Tax	£2,235	£2,357	£2,597	£2,844	£3,159	£13,192
Profit After Tax	£1,810	£1,909	£2,104	£2,304	£2,559	£10,685
Change In Property Value	£5,250	£5,408	£10,211	£11,752	£12,457	£45,078
Net Return	£7,060	£7,316	£12,315	£14,056	£15,016	£55,763
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	104%