	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,700	£11,875	£12,054	£12,355	£12,664	£60,648
Total Expenses	£8,960	£9,027	£9,086	£9,158	£9,232	£45,464
Profit Before Tax	£2,740	£2,848	£2,967	£3,197	£3,432	£15,184
Profit After Tax	£2,219	£2,307	£2,404	£2,589	£2,780	£12,299
Change In Property Value	£5,399	£10,194	£11,733	£12,437	£9,887	£49,649
Net Return	£7,618	£12,501	£14,136	£15,026	£12,667	£61,948
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	23%	26%	27%	23%	113%