	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,160	£11,327	£11,497	£11,785	£12,079	£57,849
Total Expenses	£9,551	£9,618	£9,676	£9,746	£9,818	£48,409
Profit Before Tax	£1,609	£1,710	£1,822	£2,038	£2,261	£9,440
Profit After Tax	£1,303	£1,385	£1,475	£1,651	£1,831	£7,646
Change In Property Value	£4,000	£8,160	£10,608	£11,138	£8,187	£42,093
Net Return	£5,303	£9,545	£12,083	£12,790	£10,018	£49,739
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	9%	16%	20%	21%	16%	82%