	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,924	£11,197	£11,533	£54,811
Total Expenses	£8,493	£8,520	£8,558	£8,596	£8,640	£42,808
Profit Before Tax	£2,007	£2,137	£2,366	£2,601	£2,893	£12,004
Profit After Tax	£1,626	£1,731	£1,917	£2,107	£2,343	£9,723
Change In Property Value	£5,250	£5,408	£10,211	£11,752	£12,457	£45,078
Net Return	£6,876	£7,139	£12,128	£13,859	£14,800	£54,801
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	102%