	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,904	£12,083	£12,264	£12,570	£12,885	£61,705
Total Expenses	£9,302	£9,370	£9,429	£9,502	£9,576	£47,178
Profit Before Tax	£2,602	£2,713	£2,835	£3,069	£3,309	£14,527
Profit After Tax	£2,108	£2,197	£2,296	£2,486	£2,680	£11,767
Change In Property Value	£4,749	£8,761	£11,190	£12,879	£9,101	£46,681
Net Return	£6,856	£10,959	£13,486	£15,365	£11,782	£58,448
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	26%	20%	112%