	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,892	£12,070	£12,251	£12,558	£12,872	£61,643
Total Expenses	£8,818	£8,886	£8,945	£9,018	£9,092	£44,759
Profit Before Tax	£3,074	£3,184	£3,306	£3,540	£3,780	£16,884
Profit After Tax	£2,490	£2,579	£2,678	£2,867	£3,062	£13,676
Change In Property Value	£5,249	£9,911	£11,407	£12,091	£9,612	£48,269
Net Return	£7,738	£12,490	£14,085	£14,958	£12,674	£61,946
Return From Rental Income (%)	5%	5%	5%	5%	6%	26%
Total Net Return (%)	14%	23%	26%	28%	24%	116%