	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,928	£12,107	£12,289	£12,596	£12,911	£61,830
Total Expenses	£8,932	£8,963	£8,991	£9,032	£9,074	£44,992
Profit Before Tax	£2,996	£3,144	£3,298	£3,564	£3,836	£16,838
Profit After Tax	£2,427	£2,547	£2,671	£2,886	£3,107	£13,638
Change In Property Value	£6,750	£12,746	£14,670	£15,550	£12,362	£62,078
Net Return	£9,177	£15,293	£17,341	£18,436	£15,470	£75,717
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	111%