	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,760	£11,936	£12,235	£12,541	£12,917	£61,389
Total Expenses	£9,841	£9,905	£9,978	£10,052	£10,133	£49,909
Profit Before Tax	£1,919	£2,031	£2,257	£2,488	£2,784	£11,480
Profit After Tax	£1,554	£1,645	£1,828	£2,016	£2,255	£9,299
Change In Property Value	£5,880	£6,086	£9,898	£11,392	£12,075	£45,331
Net Return	£7,434	£7,731	£11,726	£13,407	£14,331	£54,630
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	14%	15%	23%	26%	28%	106%