	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,420	£12,606	£12,795	£13,115	£13,443	£64,380
Total Expenses	£8,873	£8,941	£9,001	£9,075	£9,150	£45,040
Profit Before Tax	£3,547	£3,665	£3,794	£4,040	£4,293	£19,340
Profit After Tax	£2,873	£2,969	£3,073	£3,273	£3,477	£15,665
Change In Property Value	£5,250	£9,914	£11,410	£12,094	£9,615	£48,283
Net Return	£8,123	£12,882	£14,483	£15,367	£13,092	£63,948
Return From Rental Income (%)	5%	6%	6%	6%	6%	29%
Total Net Return (%)	15%	24%	27%	29%	24%	120%