	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,280	£11,506	£11,736	£12,029	£12,330	£58,880
Total Expenses	£8,224	£8,259	£8,292	£8,332	£8,373	£41,480
Profit Before Tax	£3,056	£3,247	£3,444	£3,697	£3,957	£17,401
Profit After Tax	£2,475	£2,630	£2,789	£2,995	£3,205	£14,094
Change In Property Value	£6,150	£10,558	£13,302	£14,101	£12,456	£56,566
Net Return	£8,625	£13,187	£16,092	£17,095	£15,661	£70,660
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	24%	22%	101%