	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,556	£11,729	£12,023	£12,323	£12,693	£60,324
Total Expenses	£9,702	£9,765	£9,838	£9,912	£9,991	£49,208
Profit Before Tax	£1,854	£1,964	£2,185	£2,412	£2,702	£11,116
Profit After Tax	£1,502	£1,591	£1,770	£1,953	£2,188	£9,004
Change In Property Value	£4,950	£5,099	£9,628	£11,081	£11,745	£42,502
Net Return	£6,452	£6,689	£11,398	£13,034	£13,934	£51,506
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	102%