	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,376	£11,547	£11,720	£12,013	£12,313	£58,968
Total Expenses	£8,768	£8,835	£8,894	£8,965	£9,037	£44,499
Profit Before Tax	£2,608	£2,711	£2,826	£3,048	£3,276	£14,469
Profit After Tax	£2,112	£2,196	£2,289	£2,469	£2,653	£11,720
Change In Property Value	£5,250	£9,914	£11,410	£12,094	£9,615	£48,283
Net Return	£7,362	£12,110	£13,699	£14,563	£12,268	£60,003
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	23%	26%	27%	23%	112%