	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,736	£11,912	£12,210	£12,515	£12,891	£61,264
Total Expenses	£10,018	£10,081	£10,154	£10,228	£10,308	£50,789
Profit Before Tax	£1,718	£1,831	£2,056	£2,287	£2,582	£10,474
Profit After Tax	£1,392	£1,483	£1,665	£1,852	£2,091	£8,484
Change In Property Value	£5,175	£5,330	£10,065	£11,584	£12,279	£44,434
Net Return	£6,567	£6,813	£11,731	£13,437	£14,371	£52,918
Return From Rental Income (%)	3%	3%	3%	4%	4%	16%
Total Net Return (%)	12%	13%	22%	25%	27%	100%