	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,396	£12,582	£12,771	£13,090	£13,417	£64,256
Total Expenses	£7,692	£7,723	£7,752	£7,795	£7,838	£38,800
Profit Before Tax	£4,704	£4,859	£5,018	£5,295	£5,579	£25,456
Profit After Tax	£3,810	£3,936	£4,065	£4,289	£4,519	£20,619
Change In Property Value	£4,625	£7,585	£10,847	£12,483	£8,822	£44,362
Net Return	£8,435	£11,521	£14,912	£16,773	£13,341	£64,981
Return From Rental Income (%)	7%	7%	7%	8%	8%	36%
Total Net Return (%)	15%	20%	26%	30%	24%	115%