	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,804	£10,000	£10,250	£10,506	£10,769	£51,329
Total Expenses	£8,424	£8,455	£8,490	£8,527	£8,564	£42,459
Profit Before Tax	£1,380	£1,545	£1,760	£1,979	£2,205	£8,870
Profit After Tax	£1,118	£1,252	£1,425	£1,603	£1,786	£7,185
Change In Property Value	£5,250	£5,408	£9,283	£11,696	£12,398	£44,035
Net Return	£6,368	£6,659	£10,708	£13,300	£14,184	£51,220
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	12%	12%	20%	25%	27%	96%