	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,912	£10,061	£10,212	£10,467	£10,729	£51,380
Total Expenses	£7,898	£7,963	£8,019	£8,086	£8,155	£40,121
Profit Before Tax	£2,014	£2,098	£2,193	£2,381	£2,574	£11,259
Profit After Tax	£1,631	£1,699	£1,776	£1,928	£2,085	£9,120
Change In Property Value	£4,575	£8,639	£9,943	£10,539	£8,379	£42,075
Net Return	£6,206	£10,338	£11,719	£12,468	£10,463	£51,195
Return From Rental Income (%)	3%	4%	4%	4%	4%	20%
Total Net Return (%)	13%	22%	25%	27%	22%	110%