	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,076	£11,242	£11,411	£11,696	£11,988	£57,413
Total Expenses	£8,203	£8,233	£8,260	£8,299	£8,339	£41,333
Profit Before Tax	£2,873	£3,010	£3,151	£3,397	£3,650	£16,080
Profit After Tax	£2,327	£2,438	£2,552	£2,752	£2,956	£13,025
Change In Property Value	£5,125	£9,456	£12,077	£13,899	£9,822	£50,379
Net Return	£7,452	£11,893	£14,629	£16,651	£12,779	£63,404
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	27%	20%	101%