	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,340	£11,510	£11,683	£11,975	£12,274	£58,782
Total Expenses	£8,924	£8,991	£9,049	£9,120	£9,193	£45,277
Profit Before Tax	£2,416	£2,519	£2,634	£2,855	£3,081	£13,505
Profit After Tax	£1,957	£2,041	£2,133	£2,312	£2,496	£10,939
Change In Property Value	£5,399	£10,194	£11,733	£12,437	£9,887	£49,649
Net Return	£7,356	£12,235	£13,866	£14,749	£12,383	£60,588
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	110%