	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,816	£13,008	£13,203	£13,533	£13,872	£66,433
Total Expenses	£8,538	£8,570	£8,600	£8,643	£8,688	£43,039
Profit Before Tax	£4,278	£4,438	£4,604	£4,890	£5,184	£23,393
Profit After Tax	£3,465	£3,595	£3,729	£3,961	£4,199	£18,949
Change In Property Value	£4,200	£8,568	£11,138	£11,695	£8,596	£44,198
Net Return	£7,665	£12,163	£14,867	£15,656	£12,795	£63,146
Return From Rental Income (%)	5%	6%	6%	6%	7%	30%
Total Net Return (%)	12%	19%	23%	24%	20%	99%