	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,900	£10,048	£10,300	£10,557	£10,874	£51,679
Total Expenses	£7,441	£7,468	£7,503	£7,540	£7,583	£37,535
Profit Before Tax	£2,459	£2,581	£2,796	£3,017	£3,291	£14,144
Profit After Tax	£1,992	£2,091	£2,265	£2,444	£2,666	£11,457
Change In Property Value	£5,250	£5,434	£8,838	£10,171	£10,782	£40,474
Net Return	£7,242	£7,524	£11,103	£12,615	£13,448	£51,931
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	16%	16%	24%	27%	29%	113%