	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,744	£9,890	£10,137	£10,391	£49,762
Total Expenses	£7,786	£7,851	£7,906	£7,973	£8,041	£39,557
Profit Before Tax	£1,814	£1,893	£1,984	£2,165	£2,350	£10,206
Profit After Tax	£1,469	£1,534	£1,607	£1,753	£1,904	£8,267
Change In Property Value	£3,000	£6,120	£7,956	£8,354	£6,140	£31,570
Net Return	£4,469	£7,654	£9,563	£10,107	£8,044	£39,836
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	10%	17%	21%	22%	17%	87%