	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,456	£9,645	£9,838	£10,084	£10,336	£49,359
Total Expenses	£7,289	£7,358	£7,418	£7,485	£7,553	£37,103
Profit Before Tax	£2,167	£2,287	£2,420	£2,599	£2,783	£12,256
Profit After Tax	£1,755	£1,852	£1,960	£2,105	£2,255	£9,927
Change In Property Value	£4,050	£6,953	£8,760	£9,286	£8,202	£37,251
Net Return	£5,805	£8,805	£10,720	£11,391	£10,457	£47,178
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	13%	19%	24%	25%	23%	104%