	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,072	£12,253	£12,437	£12,748	£13,066	£62,576
Total Expenses	£8,677	£8,745	£8,804	£8,877	£8,952	£44,056
Profit Before Tax	£3,395	£3,508	£3,632	£3,870	£4,115	£18,521
Profit After Tax	£2,750	£2,841	£2,942	£3,135	£3,333	£15,002
Change In Property Value	£5,100	£9,631	£11,084	£11,749	£9,340	£46,904
Net Return	£7,850	£12,472	£14,026	£14,884	£12,673	£61,905
Return From Rental Income (%)	5%	5%	6%	6%	6%	29%
Total Net Return (%)	15%	24%	27%	29%	24%	119%