	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,540	£12,728	£13,046	£13,372	£13,774	£65,461
Total Expenses	£8,807	£8,871	£8,946	£9,023	£9,105	£44,752
Profit Before Tax	£3,733	£3,857	£4,100	£4,350	£4,668	£20,709
Profit After Tax	£3,024	£3,124	£3,321	£3,523	£3,781	£16,774
Change In Property Value	£4,199	£4,324	£8,166	£9,398	£9,962	£36,050
Net Return	£7,223	£7,448	£11,487	£12,922	£13,744	£52,824
Return From Rental Income (%)	7%	7%	8%	8%	9%	39%
Total Net Return (%)	17%	17%	27%	30%	32%	123%