	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,368	£10,524	£10,787	£11,056	£11,388	£54,122
Total Expenses	£8,282	£8,309	£8,346	£8,384	£8,427	£41,747
Profit Before Tax	£2,086	£2,215	£2,441	£2,673	£2,961	£12,376
Profit After Tax	£1,690	£1,794	£1,977	£2,165	£2,398	£10,024
Change In Property Value	£5,950	£6,158	£10,016	£11,527	£12,219	£45,871
Net Return	£7,640	£7,952	£11,993	£13,692	£14,617	£55,895
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	15%	15%	23%	26%	28%	107%