	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,464	£10,621	£10,780	£11,050	£11,326	£54,241
Total Expenses	£8,307	£8,373	£8,429	£8,498	£8,569	£42,176
Profit Before Tax	£2,157	£2,248	£2,351	£2,552	£2,757	£12,065
Profit After Tax	£1,747	£1,821	£1,904	£2,067	£2,234	£9,773
Change In Property Value	£4,905	£9,262	£10,660	£11,299	£8,983	£45,109
Net Return	£6,652	£11,083	£12,564	£13,366	£11,217	£54,882
Return From Rental Income (%)	3%	4%	4%	4%	4%	20%
Total Net Return (%)	13%	22%	25%	27%	22%	110%