	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,817	£11,088	£11,365	£54,428
Total Expenses	£8,307	£8,335	£8,361	£8,399	£8,437	£41,839
Profit Before Tax	£2,193	£2,322	£2,456	£2,689	£2,928	£12,589
Profit After Tax	£1,777	£1,881	£1,989	£2,178	£2,372	£10,197
Change In Property Value	£6,300	£11,897	£13,692	£14,513	£11,538	£57,940
Net Return	£8,077	£13,778	£15,681	£16,691	£13,910	£68,137
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	13%	22%	25%	26%	22%	106%