	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	£7,426	£7,491	£7,566	£7,642	£7,725	£37,850
Profit Before Tax	£5,174	£5,298	£5,543	£5,794	£6,114	£27,924
Profit After Tax	£4,191	£4,292	£4,490	£4,693	£4,953	£22,618
Change In Property Value	£3,150	£3,245	£6,127	£7,051	£7,474	£27,047
Net Return	£7,341	£7,536	£10,617	£11,744	£12,427	£49,665
Return From Rental Income (%)	13%	13%	14%	14%	15%	70%
Total Net Return (%)	23%	23%	33%	36%	38%	153%