	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,817	£11,088	£11,365	£54,428
Total Expenses	£8,680	£8,746	£8,803	£8,872	£8,942	£44,044
Profit Before Tax	£1,820	£1,911	£2,014	£2,216	£2,423	£10,383
Profit After Tax	£1,474	£1,548	£1,631	£1,795	£1,962	£8,410
Change In Property Value	£5,250	£9,913	£11,409	£12,094	£9,615	£48,282
Net Return	£6,724	£11,462	£13,041	£13,889	£11,577	£56,692
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	13%	21%	24%	26%	22%	106%