	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,484	£11,714	£11,948	£12,247	£12,553	£59,945
Total Expenses	£8,019	£8,055	£8,088	£8,129	£8,170	£40,460
Profit Before Tax	£3,465	£3,659	£3,860	£4,118	£4,383	£19,485
Profit After Tax	£2,807	£2,964	£3,126	£3,336	£3,550	£15,783
Change In Property Value	£5,940	£10,197	£12,848	£13,619	£12,030	£54,635
Net Return	£8,747	£13,161	£15,975	£16,955	£15,580	£70,417
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	13%	20%	24%	25%	23%	104%