	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,880	£12,058	£12,239	£12,545	£12,859	£61,581
Total Expenses	£8,980	£9,047	£9,106	£9,179	£9,253	£45,565
Profit Before Tax	£2,901	£3,011	£3,133	£3,366	£3,606	£16,016
Profit After Tax	£2,349	£2,439	£2,537	£2,727	£2,921	£12,973
Change In Property Value	£5,400	£10,197	£11,736	£12,440	£9,890	£49,663
Net Return	£7,749	£12,636	£14,273	£15,167	£12,810	£62,636
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	114%