	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	£8,961	£9,029	£9,088	£9,160	£9,233	£45,471
Profit Before Tax	£2,739	£2,847	£2,966	£3,195	£3,431	£15,177
Profit After Tax	£2,218	£2,306	£2,402	£2,588	£2,779	£12,293
Change In Property Value	£5,400	£10,197	£11,735	£12,440	£9,890	£49,661
Net Return	£7,618	£12,502	£14,138	£15,028	£12,668	£61,955
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	23%	26%	27%	23%	113%