	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,252	£12,436	£12,622	£12,938	£13,261	£63,509
Total Expenses	£8,775	£8,844	£8,903	£8,977	£9,052	£44,551
Profit Before Tax	£3,477	£3,592	£3,719	£3,961	£4,210	£18,958
Profit After Tax	£2,816	£2,910	£3,012	£3,208	£3,410	£15,356
Change In Property Value	£5,175	£9,772	£11,247	£11,922	£9,478	£47,593
Net Return	£7,991	£12,682	£14,259	£15,130	£12,887	£62,949
Return From Rental Income (%)	5%	6%	6%	6%	6%	29%
Total Net Return (%)	15%	24%	27%	29%	24%	119%