	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,460	£8,587	£8,716	£8,934	£9,157	£43,853
Total Expenses	£7,190	£7,252	£7,306	£7,370	£7,435	£36,553
Profit Before Tax	£1,270	£1,335	£1,410	£1,564	£1,722	£7,300
Profit After Tax	£1,029	£1,081	£1,142	£1,267	£1,395	£5,913
Change In Property Value	£3,375	£6,227	£7,953	£9,153	£6,468	£33,177
Net Return	£4,404	£7,308	£9,095	£10,420	£7,863	£39,090
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	11%	18%	22%	25%	19%	109%