	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,880	£12,058	£12,360	£12,669	£13,049	£62,015
Total Expenses	£7,944	£8,040	£8,143	£8,248	£8,358	£40,733
Profit Before Tax	£3,936	£4,018	£4,217	£4,421	£4,691	£21,282
Profit After Tax	£3,188	£3,255	£3,416	£3,581	£3,799	£17,238
Change In Property Value	£2,550	£2,627	£4,960	£5,708	£6,051	£21,895
Net Return	£5,738	£5,881	£8,375	£9,289	£9,850	£39,133
Return From Rental Income (%)	12%	12%	13%	14%	14%	65%
Total Net Return (%)	22%	22%	32%	35%	37%	148%