	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,048	£15,274	£15,503	£15,890	£16,288	£78,003
Total Expenses	£8,922	£8,957	£8,990	£9,040	£9,090	£45,000
Profit Before Tax	£6,126	£6,316	£6,512	£6,851	£7,198	£33,003
Profit After Tax	£4,962	£5,116	£5,275	£5,549	£5,830	£26,732
Change In Property Value	£7,525	£12,239	£14,086	£14,931	£13,189	£61,968
Net Return	£12,487	£17,355	£19,360	£20,480	£19,019	£88,700
Return From Rental Income (%)	8%	8%	8%	8%	9%	41%
Total Net Return (%)	19%	26%	30%	31%	29%	135%