	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,232	£11,400	£11,571	£11,861	£12,157	£58,222
Total Expenses	£8,951	£9,018	£9,076	£9,147	£9,219	£45,410
Profit Before Tax	£2,281	£2,383	£2,496	£2,714	£2,938	£12,812
Profit After Tax	£1,848	£1,930	£2,021	£2,198	£2,380	£10,378
Change In Property Value	£5,434	£10,261	£11,809	£12,518	£9,952	£49,973
Net Return	£7,281	£12,191	£13,831	£14,716	£12,332	£60,351
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	27%	22%	109%