	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,408	£9,549	£9,788	£10,033	£10,334	£49,111
Total Expenses	£7,392	£7,418	£7,452	£7,488	£7,528	£37,278
Profit Before Tax	£2,016	£2,131	£2,336	£2,545	£2,805	£11,833
Profit After Tax	£1,633	£1,726	£1,892	£2,061	£2,272	£9,585
Change In Property Value	£3,750	£3,844	£7,092	£9,058	£10,425	£34,168
Net Return	£5,383	£5,570	£8,984	£11,119	£12,697	£43,752
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	12%	20%	24%	28%	95%