	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,604	£11,778	£12,073	£12,374	£12,746	£60,574
Total Expenses	£9,000	£9,029	£9,069	£9,111	£9,158	£45,368
Profit Before Tax	£2,604	£2,749	£3,003	£3,264	£3,587	£15,207
Profit After Tax	£2,109	£2,227	£2,433	£2,644	£2,906	£12,318
Change In Property Value	£4,625	£4,741	£8,746	£11,171	£12,857	£42,140
Net Return	£6,734	£6,967	£11,179	£13,815	£15,763	£54,458
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	12%	12%	20%	24%	28%	96%