	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,396	£12,582	£12,896	£13,219	£13,615	£64,709
Total Expenses	£9,675	£9,705	£9,747	£9,790	£9,840	£48,757
Profit Before Tax	£2,721	£2,877	£3,150	£3,429	£3,775	£15,952
Profit After Tax	£2,204	£2,331	£2,551	£2,777	£3,058	£12,921
Change In Property Value	£4,000	£4,080	£8,323	£10,820	£11,361	£38,585
Net Return	£6,204	£6,411	£10,874	£13,597	£14,419	£51,506
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	10%	11%	18%	22%	24%	84%