	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,404	£10,560	£10,718	£10,986	£11,261	£53,930
Total Expenses	£7,975	£8,004	£8,030	£8,067	£8,105	£40,180
Profit Before Tax	£2,429	£2,557	£2,689	£2,920	£3,156	£13,750
Profit After Tax	£1,967	£2,071	£2,178	£2,365	£2,556	£11,137
Change In Property Value	£5,000	£9,225	£11,782	£13,560	£9,583	£49,151
Net Return	£6,967	£11,296	£13,960	£15,925	£12,139	£60,288
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	11%	19%	23%	26%	20%	99%