	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,900	£10,048	£10,199	£10,454	£10,716	£51,318
Total Expenses	£7,815	£7,879	£7,936	£8,003	£8,072	£39,704
Profit Before Tax	£2,085	£2,169	£2,264	£2,451	£2,644	£11,613
Profit After Tax	£1,689	£1,757	£1,834	£1,986	£2,142	£9,407
Change In Property Value	£4,499	£8,495	£9,777	£10,363	£8,239	£41,372
Net Return	£6,188	£10,252	£11,610	£12,349	£10,380	£50,778
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	110%