	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,808	£11,985	£12,165	£12,469	£12,781	£61,208
Total Expenses	£9,214	£9,281	£9,340	£9,413	£9,486	£46,734
Profit Before Tax	£2,594	£2,704	£2,825	£3,056	£3,294	£14,474
Profit After Tax	£2,101	£2,190	£2,288	£2,476	£2,668	£11,724
Change In Property Value	£5,625	£10,622	£12,225	£12,958	£10,302	£51,732
Net Return	£7,726	£12,812	£14,513	£15,434	£12,970	£63,455
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	111%