	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,200	£10,353	£10,508	£10,771	£11,040	£52,873
Total Expenses	£7,955	£7,983	£8,009	£8,045	£8,083	£40,075
Profit Before Tax	£2,245	£2,370	£2,500	£2,726	£2,957	£12,798
Profit After Tax	£1,818	£1,920	£2,025	£2,208	£2,395	£10,366
Change In Property Value	£5,000	£9,225	£11,782	£13,560	£9,583	£49,151
Net Return	£6,818	£11,145	£13,807	£15,768	£11,978	£59,517
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	11%	18%	23%	26%	20%	98%