	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,032	£10,182	£10,335	£10,594	£10,858	£52,002
Total Expenses	£8,151	£8,216	£8,273	£8,340	£8,409	£41,389
Profit Before Tax	£1,881	£1,966	£2,063	£2,253	£2,449	£10,612
Profit After Tax	£1,523	£1,593	£1,671	£1,825	£1,984	£8,596
Change In Property Value	£4,000	£7,380	£9,426	£10,848	£7,666	£39,320
Net Return	£5,523	£8,973	£11,097	£12,674	£9,650	£47,916
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	11%	18%	23%	26%	20%	111%