	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,288	£12,472	£12,659	£12,976	£13,300	£63,696
Total Expenses	£8,003	£8,034	£8,063	£8,105	£8,148	£40,353
Profit Before Tax	£4,285	£4,438	£4,597	£4,871	£5,152	£23,343
Profit After Tax	£3,471	£3,595	£3,723	£3,945	£4,173	£18,908
Change In Property Value	£4,875	£7,995	£11,433	£13,158	£9,298	£46,759
Net Return	£8,346	£11,590	£15,156	£17,104	£13,472	£65,668
Return From Rental Income (%)	6%	6%	6%	7%	7%	32%
Total Net Return (%)	14%	19%	25%	29%	23%	110%