	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,504	£12,692	£13,009	£13,334	£13,734	£65,273
Total Expenses	£9,884	£9,914	£9,956	£10,000	£10,051	£49,805
Profit Before Tax	£2,620	£2,778	£3,052	£3,334	£3,683	£15,468
Profit After Tax	£2,122	£2,250	£2,472	£2,701	£2,984	£12,529
Change In Property Value	£4,100	£4,182	£8,531	£11,091	£11,645	£39,549
Net Return	£6,222	£6,432	£11,004	£13,791	£14,629	£52,078
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	10%	10%	18%	22%	23%	83%