	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,200	£10,353	£10,508	£10,771	£11,040	£52,873
Total Expenses	£7,845	£7,910	£7,966	£8,035	£8,104	£39,860
Profit Before Tax	£2,355	£2,443	£2,542	£2,736	£2,936	£13,013
Profit After Tax	£1,908	£1,979	£2,059	£2,217	£2,378	£10,540
Change In Property Value	£4,499	£8,495	£9,777	£10,363	£8,239	£41,372
Net Return	£6,406	£10,474	£11,835	£12,580	£10,617	£51,912
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	14%	23%	26%	27%	23%	113%