	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,596	£10,755	£10,916	£11,189	£11,469	£54,925
Total Expenses	£7,995	£8,023	£8,049	£8,087	£8,126	£40,280
Profit Before Tax	£2,601	£2,732	£2,867	£3,102	£3,343	£14,645
Profit After Tax	£2,107	£2,213	£2,322	£2,513	£2,708	£11,863
Change In Property Value	£4,000	£8,160	£10,608	£11,138	£8,187	£42,093
Net Return	£6,107	£10,373	£12,930	£13,651	£10,895	£53,956
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	10%	17%	21%	22%	18%	88%