	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,360	£12,545	£12,859	£13,181	£13,576	£64,521
Total Expenses	£9,584	£9,649	£9,723	£9,799	£9,881	£48,635
Profit Before Tax	£2,776	£2,897	£3,136	£3,382	£3,695	£15,886
Profit After Tax	£2,249	£2,346	£2,540	£2,739	£2,993	£12,867
Change In Property Value	£4,800	£4,944	£9,336	£10,745	£11,389	£41,214
Net Return	£7,049	£7,290	£11,876	£13,484	£14,382	£54,081
Return From Rental Income (%)	5%	5%	5%	6%	6%	26%
Total Net Return (%)	14%	15%	24%	28%	29%	110%