	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,340	£11,510	£11,683	£11,975	£12,274	£58,782
Total Expenses	£8,926	£8,993	£9,051	£9,122	£9,194	£45,285
Profit Before Tax	£2,415	£2,518	£2,632	£2,853	£3,080	£13,497
Profit After Tax	£1,956	£2,039	£2,132	£2,311	£2,495	£10,932
Change In Property Value	£3,600	£7,344	£9,547	£10,025	£7,368	£37,884
Net Return	£5,556	£9,383	£11,679	£12,335	£9,863	£48,816
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	10%	17%	21%	22%	18%	89%