	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	£8,918	£8,985	£9,043	£9,114	£9,186	£45,246
Profit Before Tax	£2,362	£2,464	£2,578	£2,798	£3,023	£13,225
Profit After Tax	£1,913	£1,996	£2,088	£2,266	£2,449	£10,712
Change In Property Value	£4,499	£8,300	£10,601	£12,201	£8,622	£44,223
Net Return	£6,412	£10,296	£12,689	£14,467	£11,071	£54,935
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	100%