	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,280	£11,506	£11,736	£12,029	£12,330	£58,880
Total Expenses	£9,080	£9,153	£9,217	£9,288	£9,361	£46,099
Profit Before Tax	£2,200	£2,353	£2,519	£2,741	£2,969	£12,781
Profit After Tax	£1,782	£1,906	£2,040	£2,220	£2,405	£10,353
Change In Property Value	£5,550	£9,528	£12,005	£12,725	£11,240	£51,047
Net Return	£7,332	£11,433	£14,045	£14,945	£13,645	£61,400
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	20%	25%	26%	24%	108%