	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,140	£10,292	£10,446	£10,708	£10,975	£52,562
Total Expenses	£7,788	£7,816	£7,842	£7,878	£7,916	£39,239
Profit Before Tax	£2,352	£2,476	£2,605	£2,830	£3,060	£13,322
Profit After Tax	£1,905	£2,006	£2,110	£2,292	£2,478	£10,791
Change In Property Value	£6,825	£11,100	£12,776	£13,542	£11,962	£56,205
Net Return	£8,730	£13,106	£14,886	£15,834	£14,441	£66,996
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	15%	22%	25%	27%	24%	113%