	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,504	£9,647	£9,791	£10,036	£10,287	£49,265
Total Expenses	£7,564	£7,590	£7,615	£7,650	£7,686	£38,105
Profit Before Tax	£1,940	£2,056	£2,176	£2,386	£2,601	£11,160
Profit After Tax	£1,572	£1,665	£1,763	£1,933	£2,107	£9,039
Change In Property Value	£5,700	£10,764	£12,388	£13,131	£10,439	£52,422
Net Return	£7,272	£12,429	£14,150	£15,064	£12,546	£61,461
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	13%	21%	24%	26%	22%	106%