	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,392	£10,548	£10,706	£10,974	£11,248	£53,868
Total Expenses	£8,186	£8,251	£8,308	£8,377	£8,447	£41,568
Profit Before Tax	£2,206	£2,297	£2,398	£2,597	£2,801	£12,300
Profit After Tax	£1,787	£1,860	£1,942	£2,104	£2,269	£9,963
Change In Property Value	£4,799	£9,061	£10,429	£11,054	£8,788	£44,131
Net Return	£6,586	£10,921	£12,371	£13,158	£11,057	£54,094
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	23%	110%