	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,700	£11,875	£12,054	£12,355	£12,664	£60,648
Total Expenses	£9,444	£9,512	£9,570	£9,642	£9,716	£47,885
Profit Before Tax	£2,256	£2,364	£2,483	£2,713	£2,948	£12,763
Profit After Tax	£1,827	£1,915	£2,011	£2,197	£2,388	£10,338
Change In Property Value	£3,900	£7,956	£10,343	£10,860	£7,982	£41,041
Net Return	£5,727	£9,871	£12,354	£13,057	£10,370	£51,379
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	10%	17%	21%	22%	17%	86%