	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,200	£10,404	£10,664	£10,931	£11,204	£53,403
Total Expenses	£8,265	£8,297	£8,333	£8,371	£8,409	£41,675
Profit Before Tax	£1,935	£2,107	£2,331	£2,560	£2,795	£11,728
Profit After Tax	£1,568	£1,707	£1,888	£2,073	£2,264	£9,500
Change In Property Value	£5,100	£5,253	£9,018	£11,362	£12,044	£42,777
Net Return	£6,668	£6,960	£10,906	£13,436	£14,308	£52,276
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	21%	26%	28%	101%