	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	£8,851	£8,918	£8,975	£9,045	£9,117	£44,906
Profit Before Tax	£2,069	£2,166	£2,275	£2,486	£2,703	£11,698
Profit After Tax	£1,676	£1,755	£1,843	£2,014	£2,189	£9,476
Change In Property Value	£4,475	£8,256	£10,545	£12,137	£8,577	£43,990
Net Return	£6,151	£10,011	£12,388	£14,150	£10,766	£53,465
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	11%	18%	23%	26%	20%	98%