	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,976	£12,216	£12,521	£12,834	£13,155	£62,701
Total Expenses	£9,236	£9,271	£9,313	£9,355	£9,398	£46,572
Profit Before Tax	£2,740	£2,944	£3,208	£3,479	£3,757	£16,129
Profit After Tax	£2,220	£2,385	£2,599	£2,818	£3,043	£13,064
Change In Property Value	£5,700	£5,871	£10,079	£12,699	£13,461	£47,809
Net Return	£7,920	£8,256	£12,677	£15,517	£16,504	£60,874
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	22%	27%	28%	104%