	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,504	£9,647	£9,791	£10,036	£10,287	£49,265
Total Expenses	£7,885	£7,912	£7,937	£7,972	£8,008	£39,714
Profit Before Tax	£1,619	£1,734	£1,854	£2,064	£2,279	£9,551
Profit After Tax	£1,311	£1,405	£1,502	£1,672	£1,846	£7,736
Change In Property Value	£7,000	£11,385	£13,103	£13,889	£12,269	£57,646
Net Return	£8,311	£12,790	£14,605	£15,561	£14,115	£65,383
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	14%	21%	24%	26%	23%	107%