	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,456	£9,598	£9,838	£10,084	£10,386	£49,362
Total Expenses	£7,595	£7,621	£7,656	£7,691	£7,732	£38,295
Profit Before Tax	£1,861	£1,977	£2,182	£2,393	£2,654	£11,066
Profit After Tax	£1,507	£1,601	£1,768	£1,938	£2,150	£8,964
Change In Property Value	£5,425	£5,615	£9,132	£10,510	£11,141	£41,823
Net Return	£6,932	£7,216	£10,900	£12,448	£13,291	£50,787
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	15%	15%	23%	26%	28%	107%