	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,540	£9,683	£9,828	£10,074	£10,326	£49,451
Total Expenses	£7,244	£7,271	£7,295	£7,331	£7,366	£36,507
Profit Before Tax	£2,296	£2,412	£2,533	£2,744	£2,960	£12,944
Profit After Tax	£1,860	£1,954	£2,052	£2,222	£2,397	£10,485
Change In Property Value	£5,399	£10,194	£11,733	£12,437	£9,887	£49,649
Net Return	£7,258	£12,148	£13,784	£14,659	£12,284	£60,134
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	27%	22%	109%