	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,340	£11,567	£11,856	£12,152	£12,456	£59,371
Total Expenses	£8,776	£8,810	£8,849	£8,890	£8,931	£44,255
Profit Before Tax	£2,565	£2,757	£3,007	£3,262	£3,525	£15,116
Profit After Tax	£2,077	£2,233	£2,435	£2,643	£2,855	£12,244
Change In Property Value	£5,400	£5,562	£9,548	£12,031	£12,752	£45,293
Net Return	£7,477	£7,795	£11,983	£14,673	£15,608	£57,537
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	14%	22%	27%	28%	105%