	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,148	£11,371	£11,598	£11,888	£12,186	£58,191
Total Expenses	£8,810	£8,882	£8,946	£9,017	£9,089	£44,743
Profit Before Tax	£2,338	£2,489	£2,653	£2,872	£3,097	£13,448
Profit After Tax	£1,894	£2,016	£2,149	£2,326	£2,508	£10,893
Change In Property Value	£5,310	£9,116	£11,486	£12,175	£10,754	£48,840
Net Return	£7,204	£11,132	£13,634	£14,501	£13,262	£59,733
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	12%	19%	23%	24%	22%	99%