	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,724	£11,900	£12,197	£12,502	£12,877	£61,201
Total Expenses	£9,818	£9,882	£9,954	£10,029	£10,109	£49,791
Profit Before Tax	£1,906	£2,018	£2,243	£2,474	£2,769	£11,410
Profit After Tax	£1,544	£1,635	£1,817	£2,004	£2,243	£9,242
Change In Property Value	£5,863	£6,068	£9,869	£11,358	£12,039	£45,196
Net Return	£7,406	£7,703	£11,686	£13,362	£14,282	£54,438
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	14%	15%	23%	26%	28%	106%