	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,460	£11,632	£11,923	£12,221	£12,587	£59,823
Total Expenses	£9,930	£9,994	£10,066	£10,139	£10,219	£50,348
Profit Before Tax	£1,530	£1,638	£1,857	£2,081	£2,369	£9,475
Profit After Tax	£1,239	£1,327	£1,504	£1,686	£1,919	£7,675
Change In Property Value	£1,710	£1,727	£5,233	£7,187	£8,409	£24,266
Net Return	£2,949	£3,054	£6,737	£8,873	£10,327	£31,940
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	6%	6%	13%	17%	20%	61%