	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,220	£11,388	£11,673	£11,965	£12,324	£58,570
Total Expenses	£9,865	£9,928	£9,999	£10,072	£10,151	£50,014
Profit Before Tax	£1,355	£1,461	£1,674	£1,893	£2,173	£8,556
Profit After Tax	£1,098	£1,183	£1,356	£1,533	£1,760	£6,930
Change In Property Value	£4,249	£4,355	£8,035	£10,262	£11,811	£38,712
Net Return	£5,346	£5,538	£9,391	£11,796	£13,571	£45,642
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	10%	11%	18%	23%	26%	88%