	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,592	£11,766	£11,942	£12,241	£12,547	£60,088
Total Expenses	£9,272	£9,340	£9,398	£9,470	£9,543	£47,024
Profit Before Tax	£2,320	£2,426	£2,544	£2,771	£3,004	£13,064
Profit After Tax	£1,879	£1,965	£2,061	£2,244	£2,433	£10,582
Change In Property Value	£4,750	£8,764	£11,193	£12,882	£9,104	£46,693
Net Return	£6,629	£10,729	£13,254	£15,127	£11,536	£57,275
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	11%	18%	23%	26%	20%	99%