	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,280	£11,449	£11,621	£11,911	£12,209	£58,471
Total Expenses	£8,920	£8,986	£9,045	£9,115	£9,188	£45,254
Profit Before Tax	£2,361	£2,463	£2,576	£2,796	£3,021	£13,217
Profit After Tax	£1,912	£1,995	£2,087	£2,265	£2,447	£10,706
Change In Property Value	£4,500	£8,303	£10,604	£12,204	£8,624	£44,235
Net Return	£6,412	£10,297	£12,691	£14,469	£11,072	£54,941
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	111%