	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,796	£11,973	£12,272	£12,579	£12,956	£61,577
Total Expenses	£9,615	£9,644	£9,684	£9,726	£9,775	£48,443
Profit Before Tax	£2,181	£2,329	£2,588	£2,853	£3,182	£13,133
Profit After Tax	£1,767	£1,887	£2,096	£2,311	£2,577	£10,638
Change In Property Value	£5,000	£5,125	£9,456	£12,077	£13,899	£45,557
Net Return	£6,767	£7,012	£11,552	£14,388	£16,477	£56,195
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	11%	11%	19%	24%	27%	92%