	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	£6,000	£6,180	£11,670	£13,431	£14,237	£51,518
Net Return	£8,064	£8,369	£14,075	£16,059	£17,141	£63,708
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	104%