	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,700	£11,875	£12,172	£12,477	£12,851	£61,076
Total Expenses	£10,907	£10,970	£11,043	£11,117	£11,197	£55,234
Profit Before Tax	£793	£905	£1,130	£1,360	£1,654	£5,842
Profit After Tax	£643	£733	£915	£1,101	£1,340	£4,732
Change In Property Value	£5,850	£6,026	£11,378	£13,095	£13,881	£50,230
Net Return	£6,493	£6,759	£12,293	£14,196	£15,221	£54,962
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	11%	11%	21%	24%	26%	92%