	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,240	£12,424	£12,610	£12,925	£13,248	£63,447
Total Expenses	£9,016	£9,084	£9,143	£9,217	£9,292	£45,752
Profit Before Tax	£3,225	£3,340	£3,466	£3,708	£3,957	£17,696
Profit After Tax	£2,612	£2,705	£2,808	£3,004	£3,205	£14,333
Change In Property Value	£5,400	£10,197	£11,736	£12,440	£9,890	£49,663
Net Return	£8,012	£12,902	£14,544	£15,444	£13,095	£63,996
Return From Rental Income (%)	5%	5%	5%	5%	6%	26%
Total Net Return (%)	15%	23%	26%	28%	24%	116%