	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,624	£9,768	£9,915	£10,163	£10,417	£49,887
Total Expenses	£7,724	£7,789	£7,844	£7,911	£7,979	£39,247
Profit Before Tax	£1,900	£1,980	£2,070	£2,252	£2,438	£10,639
Profit After Tax	£1,539	£1,603	£1,677	£1,824	£1,975	£8,618
Change In Property Value	£4,440	£8,384	£9,649	£10,228	£8,132	£40,834
Net Return	£5,979	£9,988	£11,327	£12,052	£10,106	£49,452
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	27%	22%	109%