	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,332	£10,487	£10,644	£10,910	£11,183	£53,557
Total Expenses	£7,807	£7,835	£7,861	£7,898	£7,936	£39,339
Profit Before Tax	£2,525	£2,652	£2,783	£3,012	£3,247	£14,218
Profit After Tax	£2,045	£2,148	£2,254	£2,440	£2,630	£11,517
Change In Property Value	£4,875	£8,994	£11,488	£13,221	£9,343	£47,922
Net Return	£6,920	£11,142	£13,742	£15,661	£11,973	£59,438
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	100%