	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,844	£12,022	£12,202	£12,507	£12,820	£61,394
Total Expenses	£9,539	£9,607	£9,666	£9,738	£9,812	£48,361
Profit Before Tax	£2,305	£2,415	£2,536	£2,769	£3,008	£13,034
Profit After Tax	£1,867	£1,956	£2,054	£2,243	£2,436	£10,557
Change In Property Value	£5,925	£11,188	£12,876	£13,649	£10,851	£54,489
Net Return	£7,792	£13,144	£14,931	£15,892	£13,287	£65,047
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	13%	22%	25%	26%	22%	108%