	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,736	£11,912	£12,091	£12,393	£12,703	£60,835
Total Expenses	£7,143	£7,173	£7,202	£7,242	£7,284	£36,045
Profit Before Tax	£4,593	£4,739	£4,889	£5,151	£5,419	£24,790
Profit After Tax	£3,720	£3,838	£3,960	£4,172	£4,389	£20,080
Change In Property Value	£2,550	£6,039	£8,037	£9,331	£6,858	£32,816
Net Return	£6,270	£9,878	£11,997	£13,503	£11,248	£52,895
Return From Rental Income (%)	7%	7%	8%	8%	8%	39%
Total Net Return (%)	12%	19%	23%	26%	22%	102%