	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,528	£9,671	£9,816	£10,061	£10,313	£49,389
Total Expenses	£7,459	£7,523	£7,579	£7,645	£7,713	£37,919
Profit Before Tax	£2,069	£2,148	£2,237	£2,416	£2,600	£11,470
Profit After Tax	£1,676	£1,740	£1,812	£1,957	£2,106	£9,291
Change In Property Value	£4,202	£7,934	£9,131	£9,679	£7,695	£38,640
Net Return	£5,877	£9,673	£10,943	£11,636	£9,801	£47,931
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	22%	25%	27%	23%	111%