	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,744	£9,988	£10,237	£10,544	£50,113
Total Expenses	£7,411	£7,437	£7,472	£7,508	£7,550	£37,378
Profit Before Tax	£2,189	£2,307	£2,515	£2,729	£2,995	£12,735
Profit After Tax	£1,773	£1,869	£2,037	£2,211	£2,426	£10,315
Change In Property Value	£5,250	£5,434	£8,838	£10,171	£10,782	£40,474
Net Return	£7,023	£7,302	£10,875	£12,382	£13,207	£50,789
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	15%	16%	24%	27%	29%	110%