	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,196	£11,364	£11,648	£11,939	£12,297	£58,445
Total Expenses	£9,466	£9,528	£9,600	£9,673	£9,751	£48,018
Profit Before Tax	£1,730	£1,836	£2,048	£2,266	£2,546	£10,427
Profit After Tax	£1,402	£1,487	£1,659	£1,836	£2,062	£8,446
Change In Property Value	£4,799	£4,942	£9,333	£10,741	£11,386	£41,201
Net Return	£6,200	£6,429	£10,992	£12,577	£13,448	£49,647
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	22%	26%	27%	101%