	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,480	£12,667	£12,857	£13,179	£13,508	£64,691
Total Expenses	£8,022	£8,053	£8,083	£8,125	£8,169	£40,452
Profit Before Tax	£4,458	£4,614	£4,775	£5,053	£5,339	£24,239
Profit After Tax	£3,611	£3,737	£3,867	£4,093	£4,325	£19,634
Change In Property Value	£4,875	£7,995	£11,433	£13,158	£9,298	£46,759
Net Return	£8,486	£11,732	£15,300	£17,251	£13,623	£66,393
Return From Rental Income (%)	6%	6%	6%	7%	7%	33%
Total Net Return (%)	14%	20%	26%	29%	23%	112%