	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,532	£11,705	£11,881	£12,178	£12,482	£59,777
Total Expenses	£9,136	£9,203	£9,262	£9,334	£9,407	£46,342
Profit Before Tax	£2,396	£2,502	£2,619	£2,844	£3,075	£13,435
Profit After Tax	£1,941	£2,026	£2,121	£2,304	£2,491	£10,883
Change In Property Value	£5,579	£10,534	£12,124	£12,851	£10,217	£51,304
Net Return	£7,519	£12,560	£14,245	£15,155	£12,708	£62,187
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	27%	22%	110%