	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,100	£11,266	£11,548	£11,837	£12,192	£57,944
Total Expenses	£8,950	£8,978	£9,017	£9,057	£9,103	£45,105
Profit Before Tax	£2,150	£2,288	£2,531	£2,780	£3,089	£12,839
Profit After Tax	£1,742	£1,854	£2,050	£2,252	£2,502	£10,400
Change In Property Value	£5,550	£5,717	£10,795	£12,424	£13,169	£47,654
Net Return	£7,292	£7,570	£12,845	£14,676	£15,671	£58,053
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	103%