	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	£7,415	£7,442	£7,467	£7,502	£7,538	£37,363
Profit Before Tax	£2,209	£2,327	£2,448	£2,661	£2,879	£12,524
Profit After Tax	£1,789	£1,885	£1,983	£2,155	£2,332	£10,144
Change In Property Value	£4,625	£8,533	£10,899	£12,543	£8,864	£45,464
Net Return	£6,414	£10,418	£12,882	£14,699	£11,196	£55,609
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	11%	18%	23%	26%	20%	98%