	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,912	£10,110	£10,312	£10,570	£10,835	£51,739
Total Expenses	£7,977	£8,047	£8,108	£8,175	£8,244	£40,551
Profit Before Tax	£1,935	£2,064	£2,205	£2,395	£2,590	£11,189
Profit After Tax	£1,568	£1,672	£1,786	£1,940	£2,098	£9,063
Change In Property Value	£4,649	£7,980	£10,055	£10,658	£9,415	£42,756
Net Return	£6,216	£9,652	£11,840	£12,598	£11,513	£51,818
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	13%	20%	25%	27%	24%	109%