	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,732	£9,927	£10,125	£10,378	£10,638	£50,800
Total Expenses	£7,446	£7,515	£7,576	£7,643	£7,712	£37,891
Profit Before Tax	£2,286	£2,412	£2,549	£2,735	£2,926	£12,909
Profit After Tax	£1,852	£1,953	£2,065	£2,216	£2,370	£10,456
Change In Property Value	£4,170	£7,159	£9,020	£9,561	£8,445	£38,355
Net Return	£6,022	£9,112	£11,085	£11,776	£10,816	£48,811
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	13%	19%	24%	25%	23%	104%