	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,212	£10,365	£10,521	£10,784	£11,053	£52,935
Total Expenses	£7,524	£7,589	£7,646	£7,714	£7,784	£38,257
Profit Before Tax	£2,688	£2,776	£2,875	£3,070	£3,270	£14,678
Profit After Tax	£2,177	£2,248	£2,329	£2,486	£2,648	£11,889
Change In Property Value	£4,199	£7,928	£9,125	£9,672	£7,689	£38,613
Net Return	£6,376	£10,177	£11,453	£12,158	£10,338	£50,501
Return From Rental Income (%)	5%	5%	5%	6%	6%	28%
Total Net Return (%)	15%	24%	27%	28%	24%	117%