	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,912	£10,110	£10,363	£10,622	£10,888	£51,895
Total Expenses	£7,837	£7,869	£7,905	£7,941	£7,979	£39,530
Profit Before Tax	£2,075	£2,242	£2,458	£2,681	£2,909	£12,365
Profit After Tax	£1,681	£1,816	£1,991	£2,171	£2,356	£10,015
Change In Property Value	£4,799	£4,942	£8,485	£10,691	£11,332	£40,248
Net Return	£6,479	£6,758	£10,476	£12,862	£13,688	£50,263
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	21%	26%	28%	103%