	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,160	£11,327	£11,611	£11,901	£12,258	£58,257
Total Expenses	£9,266	£9,328	£9,400	£9,473	£9,551	£47,017
Profit Before Tax	£1,894	£1,999	£2,211	£2,428	£2,707	£11,240
Profit After Tax	£1,534	£1,619	£1,791	£1,967	£2,193	£9,104
Change In Property Value	£4,650	£4,790	£9,044	£10,409	£11,034	£39,926
Net Return	£6,184	£6,409	£10,835	£12,376	£13,226	£49,030
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%