	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,792	£10,037	£10,288	£10,545	£50,261
Total Expenses	£7,411	£7,442	£7,477	£7,513	£7,550	£37,393
Profit Before Tax	£2,189	£2,350	£2,560	£2,774	£2,995	£12,868
Profit After Tax	£1,773	£1,904	£2,073	£2,247	£2,426	£10,423
Change In Property Value	£4,500	£4,635	£7,957	£10,026	£10,627	£37,744
Net Return	£6,273	£6,539	£10,030	£12,273	£13,053	£48,168
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	14%	22%	27%	28%	105%