	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,852	£13,109	£13,437	£13,773	£65,770
Total Expenses	£8,891	£8,966	£9,033	£9,107	£9,183	£45,179
Profit Before Tax	£3,709	£3,886	£4,077	£4,330	£4,589	£20,591
Profit After Tax	£3,005	£3,148	£3,302	£3,507	£3,717	£16,679
Change In Property Value	£5,250	£9,013	£11,356	£12,037	£10,633	£48,288
Net Return	£8,255	£12,160	£14,658	£15,544	£14,350	£64,967
Return From Rental Income (%)	5%	5%	6%	6%	6%	28%
Total Net Return (%)	14%	20%	25%	26%	24%	109%