	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,240	£12,424	£12,610	£12,925	£13,248	£63,447
Total Expenses	£8,692	£8,761	£8,820	£8,893	£8,968	£44,135
Profit Before Tax	£3,548	£3,663	£3,790	£4,032	£4,280	£19,312
Profit After Tax	£2,874	£2,967	£3,070	£3,266	£3,467	£15,643
Change In Property Value	£5,099	£9,628	£11,081	£11,745	£9,338	£46,890
Net Return	£7,972	£12,595	£14,150	£15,011	£12,804	£62,533
Return From Rental Income (%)	6%	6%	6%	6%	7%	30%
Total Net Return (%)	15%	24%	27%	29%	25%	120%