	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,444	£9,586	£9,825	£10,071	£10,373	£49,299
Total Expenses	£7,792	£7,818	£7,853	£7,888	£7,929	£39,281
Profit Before Tax	£1,652	£1,768	£1,973	£2,183	£2,444	£10,018
Profit After Tax	£1,338	£1,432	£1,598	£1,768	£1,980	£8,115
Change In Property Value	£5,600	£5,796	£9,427	£10,849	£11,500	£43,172
Net Return	£6,938	£7,228	£11,025	£12,617	£13,480	£51,287
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	14%	15%	22%	26%	28%	105%