	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,904	£12,083	£12,264	£12,570	£12,885	£61,705
Total Expenses	£9,271	£9,339	£9,398	£9,471	£9,545	£47,025
Profit Before Tax	£2,633	£2,743	£2,865	£3,099	£3,340	£14,680
Profit After Tax	£2,132	£2,222	£2,321	£2,511	£2,705	£11,891
Change In Property Value	£3,780	£7,711	£10,025	£10,526	£7,736	£39,778
Net Return	£5,912	£9,933	£12,345	£13,036	£10,442	£51,669
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	10%	17%	21%	23%	18%	90%