	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,180	£9,318	£9,457	£9,694	£9,936	£47,585
Total Expenses	£6,888	£6,914	£6,938	£6,972	£7,007	£34,720
Profit Before Tax	£2,292	£2,404	£2,519	£2,722	£2,929	£12,866
Profit After Tax	£1,857	£1,947	£2,041	£2,204	£2,372	£10,421
Change In Property Value	£4,250	£7,841	£10,015	£11,526	£8,145	£41,778
Net Return	£6,107	£9,788	£12,056	£13,731	£10,518	£52,199
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	26%	20%	100%