	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,560	£10,718	£10,879	£11,151	£11,430	£54,739
Total Expenses	£8,719	£8,784	£8,842	£8,911	£8,981	£44,236
Profit Before Tax	£1,841	£1,934	£2,038	£2,241	£2,449	£10,502
Profit After Tax	£1,492	£1,566	£1,650	£1,815	£1,984	£8,507
Change In Property Value	£5,280	£9,970	£11,475	£12,163	£9,670	£48,558
Net Return	£6,771	£11,537	£13,125	£13,978	£11,653	£57,064
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	13%	21%	24%	26%	22%	106%