	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,904	£12,142	£12,446	£12,757	£13,076	£62,324
Total Expenses	£9,935	£10,005	£10,078	£10,153	£10,228	£50,399
Profit Before Tax	£1,969	£2,137	£2,367	£2,604	£2,848	£11,925
Profit After Tax	£1,595	£1,731	£1,918	£2,109	£2,307	£9,659
Change In Property Value	£5,100	£5,253	£9,018	£11,362	£12,044	£42,777
Net Return	£6,695	£6,984	£10,935	£13,471	£14,351	£52,436
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	12%	12%	19%	23%	25%	91%