	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,628	£11,802	£12,097	£12,400	£12,772	£60,700
Total Expenses	£9,947	£10,011	£10,083	£10,157	£10,237	£50,435
Profit Before Tax	£1,681	£1,792	£2,014	£2,243	£2,535	£10,264
Profit After Tax	£1,361	£1,451	£1,632	£1,817	£2,053	£8,314
Change In Property Value	£5,130	£5,284	£9,978	£11,483	£12,173	£44,048
Net Return	£6,491	£6,735	£11,609	£13,300	£14,226	£52,362
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	13%	22%	25%	27%	100%