	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,700	£11,875	£12,172	£12,477	£12,851	£61,076
Total Expenses	£10,312	£10,375	£10,448	£10,522	£10,602	£52,258
Profit Before Tax	£1,389	£1,500	£1,725	£1,955	£2,249	£8,817
Profit After Tax	£1,125	£1,215	£1,397	£1,583	£1,822	£7,142
Change In Property Value	£4,500	£4,613	£8,510	£10,869	£12,510	£41,001
Net Return	£5,625	£5,828	£9,907	£12,453	£14,331	£48,143
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	10%	11%	18%	23%	26%	88%