	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,100	£11,266	£11,435	£11,721	£12,014	£57,538
Total Expenses	£9,062	£9,129	£9,187	£9,257	£9,329	£45,965
Profit Before Tax	£2,038	£2,137	£2,249	£2,464	£2,685	£11,573
Profit After Tax	£1,650	£1,731	£1,821	£1,996	£2,175	£9,374
Change In Property Value	£3,700	£7,548	£9,812	£10,303	£7,573	£38,936
Net Return	£5,350	£9,279	£11,634	£12,299	£9,748	£48,310
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	9%	16%	21%	22%	17%	86%