	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	£8,036	£8,063	£8,099	£8,135	£8,178	£40,511
Profit Before Tax	£1,864	£1,986	£2,201	£2,422	£2,696	£11,169
Profit After Tax	£1,510	£1,608	£1,783	£1,962	£2,184	£9,047
Change In Property Value	£5,775	£5,977	£9,721	£11,188	£11,860	£44,522
Net Return	£7,285	£7,586	£11,504	£13,150	£14,044	£53,568
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	14%	15%	23%	26%	28%	106%