	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	£8,909	£8,939	£8,967	£9,008	£9,050	£44,874
Profit Before Tax	£2,791	£2,936	£3,086	£3,347	£3,614	£15,774
Profit After Tax	£2,260	£2,378	£2,500	£2,711	£2,928	£12,777
Change In Property Value	£5,625	£10,378	£13,255	£15,255	£10,781	£55,294
Net Return	£7,885	£12,756	£15,755	£17,966	£13,708	£68,071
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	99%