	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,800	£11,016	£11,291	£11,574	£11,863	£56,544
Total Expenses	£8,722	£8,755	£8,793	£8,832	£8,872	£43,973
Profit Before Tax	£2,079	£2,261	£2,499	£2,742	£2,991	£12,571
Profit After Tax	£1,684	£1,832	£2,024	£2,221	£2,423	£10,183
Change In Property Value	£5,400	£5,562	£9,548	£12,031	£12,752	£45,293
Net Return	£7,084	£7,394	£11,572	£14,251	£15,175	£55,476
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	13%	21%	26%	28%	101%