	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,976	£12,156	£12,338	£12,646	£12,963	£62,079
Total Expenses	£9,311	£9,379	£9,438	£9,511	£9,585	£47,223
Profit Before Tax	£2,665	£2,777	£2,900	£3,136	£3,378	£14,855
Profit After Tax	£2,159	£2,249	£2,349	£2,540	£2,736	£12,033
Change In Property Value	£5,700	£10,764	£12,388	£13,131	£10,439	£52,422
Net Return	£7,859	£13,013	£14,737	£15,671	£13,175	£64,454
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	14%	22%	25%	27%	23%	111%