	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,480	£12,667	£12,857	£13,179	£13,508	£64,691
Total Expenses	£8,151	£8,182	£8,211	£8,254	£8,298	£41,096
Profit Before Tax	£4,329	£4,485	£4,646	£4,925	£5,211	£23,596
Profit After Tax	£3,507	£3,633	£3,763	£3,989	£4,221	£19,112
Change In Property Value	£4,975	£9,179	£11,723	£13,493	£9,535	£48,905
Net Return	£8,482	£12,812	£15,487	£17,482	£13,755	£68,017
Return From Rental Income (%)	6%	6%	6%	7%	7%	31%
Total Net Return (%)	14%	21%	26%	29%	23%	112%