	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,624	£9,768	£9,915	£10,163	£10,417	£49,887
Total Expenses	£7,093	£7,120	£7,145	£7,180	£7,216	£35,754
Profit Before Tax	£2,531	£2,648	£2,770	£2,983	£3,201	£14,133
Profit After Tax	£2,050	£2,145	£2,244	£2,416	£2,593	£11,447
Change In Property Value	£4,375	£8,072	£10,310	£11,865	£8,385	£43,007
Net Return	£6,425	£10,217	£12,553	£14,281	£10,977	£54,454
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	12%	19%	23%	27%	21%	102%