	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,620	£10,779	£10,941	£11,215	£11,495	£55,050
Total Expenses	£8,854	£8,919	£8,977	£9,046	£9,116	£44,912
Profit Before Tax	£1,767	£1,860	£1,964	£2,169	£2,378	£10,138
Profit After Tax	£1,431	£1,506	£1,591	£1,757	£1,927	£8,212
Change In Property Value	£4,500	£8,303	£10,604	£12,204	£8,624	£44,235
Net Return	£5,931	£9,809	£12,195	£13,961	£10,551	£52,447
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	11%	18%	22%	25%	19%	95%