	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,800	£11,016	£11,291	£11,574	£11,863	£56,544
Total Expenses	£9,031	£9,099	£9,169	£9,241	£9,313	£45,854
Profit Before Tax	£1,769	£1,917	£2,122	£2,332	£2,550	£10,690
Profit After Tax	£1,433	£1,553	£1,719	£1,889	£2,066	£8,659
Change In Property Value	£4,500	£4,635	£7,957	£10,025	£10,627	£37,744
Net Return	£5,933	£6,188	£9,676	£11,915	£12,692	£46,403
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	12%	12%	19%	24%	25%	92%