	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,976	£12,156	£12,460	£12,771	£13,154	£62,516
Total Expenses	£9,236	£9,265	£9,306	£9,349	£9,398	£46,554
Profit Before Tax	£2,740	£2,890	£3,153	£3,422	£3,757	£15,963
Profit After Tax	£2,220	£2,341	£2,554	£2,772	£3,043	£12,930
Change In Property Value	£5,700	£5,871	£11,086	£12,759	£13,525	£48,942
Net Return	£7,920	£8,212	£13,640	£15,532	£16,568	£61,872
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	24%	27%	29%	107%