	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,508	£11,681	£11,856	£12,152	£12,456	£59,653
Total Expenses	£7,925	£7,955	£7,982	£8,023	£8,064	£39,948
Profit Before Tax	£3,583	£3,726	£3,873	£4,130	£4,392	£19,704
Profit After Tax	£2,902	£3,018	£3,137	£3,345	£3,558	£15,961
Change In Property Value	£4,875	£8,994	£11,488	£13,221	£9,343	£47,922
Net Return	£7,777	£12,012	£14,625	£16,566	£12,901	£63,882
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	13%	20%	25%	28%	22%	107%