	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,956	£11,120	£11,398	£11,683	£12,034	£57,192
Total Expenses	£9,047	£9,109	£9,180	£9,252	£9,330	£45,919
Profit Before Tax	£1,909	£2,011	£2,218	£2,431	£2,704	£11,273
Profit After Tax	£1,546	£1,629	£1,797	£1,969	£2,190	£9,131
Change In Property Value	£4,500	£4,635	£8,752	£10,073	£10,678	£38,638
Net Return	£6,046	£6,264	£10,549	£12,042	£12,868	£47,770
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	104%