	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,100	£11,322	£11,605	£11,895	£12,193	£58,115
Total Expenses	£8,712	£8,746	£8,785	£8,825	£8,865	£43,931
Profit Before Tax	£2,388	£2,576	£2,820	£3,071	£3,328	£14,183
Profit After Tax	£1,934	£2,087	£2,285	£2,487	£2,695	£11,489
Change In Property Value	£5,370	£5,531	£9,495	£11,964	£12,682	£45,042
Net Return	£7,304	£7,618	£11,780	£14,451	£15,377	£56,530
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	13%	14%	22%	26%	28%	103%