	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,496	£11,668	£11,843	£12,140	£12,443	£59,591
Total Expenses	£9,022	£9,089	£9,147	£9,219	£9,292	£45,768
Profit Before Tax	£2,474	£2,580	£2,696	£2,921	£3,151	£13,822
Profit After Tax	£2,004	£2,090	£2,184	£2,366	£2,553	£11,196
Change In Property Value	£5,475	£10,339	£11,899	£12,613	£10,027	£50,352
Net Return	£7,479	£12,428	£14,083	£14,979	£12,580	£61,549
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	110%