	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,744	£9,890	£10,137	£10,391	£49,762
Total Expenses	£8,108	£8,172	£8,228	£8,295	£8,363	£41,166
Profit Before Tax	£1,492	£1,572	£1,662	£1,843	£2,028	£8,597
Profit After Tax	£1,209	£1,273	£1,346	£1,493	£1,643	£6,963
Change In Property Value	£4,800	£9,064	£10,432	£11,058	£8,791	£44,145
Net Return	£6,009	£10,337	£11,778	£12,550	£10,434	£51,108
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	12%	21%	24%	26%	21%	104%