	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,624	£9,816	£10,013	£10,263	£10,520	£50,236
Total Expenses	£7,093	£7,125	£7,155	£7,190	£7,226	£35,789
Profit Before Tax	£2,531	£2,692	£2,858	£3,073	£3,293	£14,447
Profit After Tax	£2,050	£2,180	£2,315	£2,489	£2,668	£11,702
Change In Property Value	£5,250	£9,013	£11,356	£12,037	£10,633	£48,288
Net Return	£7,300	£11,193	£13,671	£14,526	£13,300	£59,990
Return From Rental Income (%)	3%	4%	4%	4%	4%	20%
Total Net Return (%)	12%	19%	23%	24%	22%	101%