	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£13,109	£13,436	£13,840	£65,774
Total Expenses	£8,900	£8,930	£8,973	£9,016	£9,067	£44,886
Profit Before Tax	£3,700	£3,859	£4,136	£4,420	£4,772	£20,888
Profit After Tax	£2,997	£3,126	£3,350	£3,580	£3,865	£16,919
Change In Property Value	£6,298	£6,519	£10,602	£12,202	£12,934	£48,556
Net Return	£9,296	£9,645	£13,952	£15,782	£16,800	£65,475
Return From Rental Income (%)	5%	6%	6%	7%	7%	31%
Total Net Return (%)	17%	18%	25%	29%	31%	119%