	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,880	£12,058	£12,360	£12,669	£13,049	£62,015
Total Expenses	£9,732	£9,796	£9,869	£9,944	£10,025	£49,367
Profit Before Tax	£2,148	£2,262	£2,490	£2,725	£3,024	£12,648
Profit After Tax	£1,740	£1,832	£2,017	£2,207	£2,449	£10,245
Change In Property Value	£4,949	£5,097	£9,625	£11,077	£11,742	£42,489
Net Return	£6,688	£6,929	£11,642	£13,284	£14,191	£52,735
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	104%