	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,436	£11,608	£11,782	£12,076	£12,378	£59,279
Total Expenses	£8,805	£8,872	£8,930	£9,002	£9,074	£44,683
Profit Before Tax	£2,631	£2,736	£2,851	£3,075	£3,304	£14,596
Profit After Tax	£2,131	£2,216	£2,310	£2,490	£2,676	£11,823
Change In Property Value	£5,279	£9,968	£11,472	£12,160	£9,667	£48,545
Net Return	£7,410	£12,183	£13,781	£14,650	£12,343	£60,368
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	23%	26%	27%	23%	112%