	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,624	£9,768	£9,915	£10,163	£10,417	£49,887
Total Expenses	£7,386	£7,451	£7,507	£7,573	£7,641	£37,558
Profit Before Tax	£2,238	£2,317	£2,408	£2,590	£2,776	£12,329
Profit After Tax	£1,812	£1,877	£1,951	£2,098	£2,248	£9,986
Change In Property Value	£4,813	£7,827	£9,008	£9,549	£8,435	£39,632
Net Return	£6,625	£9,704	£10,959	£11,646	£10,683	£49,618
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	16%	23%	26%	28%	25%	117%