	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,900	£10,048	£10,199	£10,454	£10,716	£51,318
Total Expenses	£8,569	£8,596	£8,621	£8,657	£8,694	£43,137
Profit Before Tax	£1,332	£1,453	£1,578	£1,797	£2,022	£8,181
Profit After Tax	£1,079	£1,177	£1,278	£1,456	£1,638	£6,627
Change In Property Value	£4,400	£8,976	£11,669	£12,252	£9,005	£46,302
Net Return	£5,479	£10,153	£12,947	£13,708	£10,643	£52,929
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	8%	15%	19%	20%	16%	79%