	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,516	£9,706	£9,900	£10,148	£10,402	£49,672
Total Expenses	£6,921	£6,953	£6,983	£7,018	£7,054	£34,928
Profit Before Tax	£2,595	£2,753	£2,918	£3,130	£3,348	£14,744
Profit After Tax	£2,102	£2,230	£2,364	£2,535	£2,712	£11,943
Change In Property Value	£5,100	£8,755	£11,031	£11,693	£10,329	£46,908
Net Return	£7,202	£10,985	£13,395	£14,229	£13,041	£58,851
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	13%	19%	23%	25%	23%	102%