	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,588	£9,732	£9,878	£10,125	£10,378	£49,700
Total Expenses	£7,705	£7,769	£7,825	£7,891	£7,959	£39,148
Profit Before Tax	£1,883	£1,963	£2,053	£2,234	£2,419	£10,552
Profit After Tax	£1,526	£1,590	£1,663	£1,809	£1,959	£8,547
Change In Property Value	£4,425	£8,356	£9,617	£10,194	£8,104	£40,696
Net Return	£5,951	£9,946	£11,280	£12,003	£10,063	£49,243
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	27%	22%	109%