	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,804	£10,000	£10,200	£10,455	£10,716	£51,176
Total Expenses	£7,111	£7,143	£7,173	£7,209	£7,246	£35,883
Profit Before Tax	£2,693	£2,857	£3,027	£3,246	£3,470	£15,293
Profit After Tax	£2,181	£2,314	£2,452	£2,629	£2,811	£12,387
Change In Property Value	£5,250	£9,013	£11,356	£12,037	£10,633	£48,288
Net Return	£7,431	£11,327	£13,807	£14,666	£13,444	£60,675
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	21%	26%	27%	25%	113%