	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,800	£10,962	£11,236	£11,517	£11,862	£56,377
Total Expenses	£9,031	£9,093	£9,164	£9,236	£9,313	£45,837
Profit Before Tax	£1,769	£1,869	£2,072	£2,281	£2,549	£10,540
Profit After Tax	£1,433	£1,514	£1,679	£1,848	£2,065	£8,538
Change In Property Value	£4,500	£4,635	£8,752	£10,073	£10,678	£38,638
Net Return	£5,933	£6,149	£10,431	£11,921	£12,743	£47,176
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%