	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,444	£9,586	£9,729	£9,973	£10,222	£48,954
Total Expenses	£8,012	£8,076	£8,131	£8,197	£8,265	£40,682
Profit Before Tax	£1,432	£1,510	£1,598	£1,775	£1,957	£8,272
Profit After Tax	£1,160	£1,223	£1,294	£1,438	£1,585	£6,700
Change In Property Value	£4,725	£8,922	£10,269	£10,885	£8,653	£43,453
Net Return	£5,885	£10,145	£11,563	£12,323	£10,238	£50,154
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	12%	21%	24%	26%	21%	104%