	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,916	£12,095	£12,276	£12,583	£12,898	£61,768
Total Expenses	£9,305	£9,373	£9,432	£9,504	£9,578	£47,192
Profit Before Tax	£2,611	£2,722	£2,844	£3,079	£3,319	£14,575
Profit After Tax	£2,115	£2,205	£2,304	£2,494	£2,689	£11,806
Change In Property Value	£4,750	£8,764	£11,193	£12,882	£9,104	£46,693
Net Return	£6,865	£10,969	£13,497	£15,376	£11,792	£58,499
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	27%	20%	112%