	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,320	£10,475	£10,737	£11,005	£11,335	£53,872
Total Expenses	£8,674	£8,700	£8,737	£8,775	£8,819	£43,705
Profit Before Tax	£1,647	£1,774	£1,999	£2,230	£2,516	£10,166
Profit After Tax	£1,334	£1,437	£1,619	£1,806	£2,038	£8,235
Change In Property Value	£6,300	£6,521	£10,605	£12,206	£12,938	£48,569
Net Return	£7,634	£7,958	£12,225	£14,012	£14,976	£56,804
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	14%	14%	22%	25%	27%	103%