	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,880	£12,118	£12,421	£12,731	£13,049	£62,199
Total Expenses	£9,734	£9,804	£9,877	£9,952	£10,027	£49,395
Profit Before Tax	£2,146	£2,313	£2,543	£2,779	£3,023	£12,804
Profit After Tax	£1,738	£1,874	£2,060	£2,251	£2,448	£10,371
Change In Property Value	£4,950	£5,099	£8,752	£11,028	£11,690	£41,519
Net Return	£6,688	£6,972	£10,812	£13,279	£14,138	£51,890
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	12%	12%	19%	24%	25%	93%