	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,920	£11,084	£11,250	£11,531	£11,820	£56,605
Total Expenses	£7,544	£7,573	£7,600	£7,639	£7,678	£38,035
Profit Before Tax	£3,376	£3,511	£3,650	£3,893	£4,141	£18,570
Profit After Tax	£2,734	£2,844	£2,956	£3,153	£3,355	£15,042
Change In Property Value	£4,625	£8,533	£10,899	£12,543	£8,864	£45,464
Net Return	£7,359	£11,377	£13,855	£15,696	£12,219	£60,506
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	13%	20%	25%	28%	22%	107%