	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,900	£12,079	£12,380	£12,690	£13,071	£62,120
Total Expenses	£9,935	£9,999	£10,072	£10,147	£10,227	£50,379
Profit Before Tax	£1,965	£2,080	£2,309	£2,543	£2,843	£11,741
Profit After Tax	£1,592	£1,685	£1,870	£2,060	£2,303	£9,510
Change In Property Value	£5,100	£5,253	£9,919	£11,416	£12,101	£43,790
Net Return	£6,692	£6,938	£11,789	£13,476	£14,404	£53,300
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	102%