	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	£8,978	£9,046	£9,105	£9,177	£9,251	£45,557
Profit Before Tax	£2,902	£3,012	£3,134	£3,368	£3,607	£16,024
Profit After Tax	£2,351	£2,440	£2,539	£2,728	£2,922	£12,980
Change In Property Value	£5,399	£10,194	£11,733	£12,437	£9,887	£49,649
Net Return	£7,749	£12,634	£14,271	£15,164	£12,809	£62,628
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	28%	23%	114%