	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,208	£11,376	£11,661	£11,952	£12,311	£58,507
Total Expenses	£9,965	£10,028	£10,099	£10,172	£10,250	£50,514
Profit Before Tax	£1,243	£1,349	£1,562	£1,780	£2,060	£7,994
Profit After Tax	£1,007	£1,092	£1,265	£1,442	£1,669	£6,475
Change In Property Value	£5,175	£5,330	£10,065	£11,584	£12,279	£44,434
Net Return	£6,182	£6,423	£11,330	£13,026	£13,948	£50,909
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	12%	12%	21%	25%	26%	97%