	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,940	£12,119	£12,301	£12,608	£12,924	£61,892
Total Expenses	£8,676	£8,706	£8,735	£8,776	£8,818	£43,711
Profit Before Tax	£3,264	£3,413	£3,566	£3,832	£4,105	£18,181
Profit After Tax	£2,644	£2,764	£2,889	£3,104	£3,325	£14,726
Change In Property Value	£4,340	£8,854	£11,510	£12,085	£8,883	£45,671
Net Return	£6,984	£11,618	£14,398	£15,189	£12,208	£60,397
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	11%	18%	22%	23%	18%	91%