	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,280	£11,449	£11,735	£12,029	£12,390	£58,883
Total Expenses	£8,968	£8,996	£9,036	£9,076	£9,123	£45,199
Profit Before Tax	£2,312	£2,453	£2,700	£2,953	£3,267	£13,685
Profit After Tax	£1,873	£1,987	£2,187	£2,392	£2,646	£11,085
Change In Property Value	£6,475	£6,702	£10,900	£12,545	£13,297	£49,918
Net Return	£8,348	£8,688	£13,087	£14,936	£15,943	£61,003
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	15%	15%	23%	26%	28%	108%