	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,332	£10,487	£10,644	£10,910	£11,183	£53,557
Total Expenses	£7,924	£7,989	£8,046	£8,114	£8,184	£40,258
Profit Before Tax	£2,408	£2,498	£2,598	£2,796	£2,999	£13,299
Profit After Tax	£1,951	£2,023	£2,105	£2,265	£2,429	£10,772
Change In Property Value	£4,560	£8,611	£9,910	£10,505	£8,351	£41,937
Net Return	£6,511	£10,634	£12,015	£12,770	£10,780	£52,709
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	23%	26%	27%	23%	113%