	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,792	£9,988	£10,238	£10,493	£50,111
Total Expenses	£7,786	£7,855	£7,916	£7,983	£8,051	£39,592
Profit Before Tax	£1,814	£1,937	£2,072	£2,255	£2,442	£10,519
Profit After Tax	£1,469	£1,569	£1,678	£1,826	£1,978	£8,521
Change In Property Value	£4,500	£7,725	£9,734	£10,318	£9,114	£41,390
Net Return	£5,969	£9,294	£11,412	£12,144	£11,092	£49,910
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	20%	25%	26%	24%	109%