	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,024	£12,204	£12,387	£12,697	£13,015	£62,327
Total Expenses	£7,655	£7,685	£7,714	£7,755	£7,798	£38,607
Profit Before Tax	£4,369	£4,519	£4,674	£4,942	£5,217	£23,720
Profit After Tax	£3,539	£3,660	£3,786	£4,003	£4,226	£19,214
Change In Property Value	£3,700	£7,548	£9,812	£10,303	£7,573	£38,936
Net Return	£7,239	£11,208	£13,598	£14,306	£11,798	£58,150
Return From Rental Income (%)	6%	6%	7%	7%	7%	34%
Total Net Return (%)	13%	20%	24%	25%	21%	103%