	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,112	£11,279	£11,448	£11,734	£12,027	£57,600
Total Expenses	£8,613	£8,680	£8,738	£8,808	£8,880	£43,719
Profit Before Tax	£2,499	£2,599	£2,710	£2,926	£3,147	£13,881
Profit After Tax	£2,024	£2,105	£2,195	£2,370	£2,549	£11,244
Change In Property Value	£5,130	£9,687	£11,149	£11,818	£9,395	£47,179
Net Return	£7,154	£11,792	£13,344	£14,188	£11,945	£58,423
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	14%	23%	26%	27%	23%	112%