	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,988	£12,168	£12,350	£12,659	£12,976	£62,141
Total Expenses	£9,260	£9,290	£9,319	£9,360	£9,403	£46,632
Profit Before Tax	£2,728	£2,877	£3,031	£3,299	£3,573	£15,509
Profit After Tax	£2,210	£2,331	£2,455	£2,672	£2,894	£12,562
Change In Property Value	£5,875	£10,839	£13,844	£15,934	£11,260	£57,752
Net Return	£8,085	£13,170	£16,300	£18,606	£14,154	£70,314
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	11%	18%	23%	26%	20%	98%