	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,940	£9,074	£9,210	£9,440	£9,676	£46,341
Total Expenses	£7,479	£7,542	£7,597	£7,662	£7,728	£38,008
Profit Before Tax	£1,461	£1,532	£1,613	£1,779	£1,948	£8,333
Profit After Tax	£1,183	£1,241	£1,307	£1,441	£1,578	£6,750
Change In Property Value	£3,563	£6,573	£8,395	£9,662	£6,828	£35,020
Net Return	£4,746	£7,814	£9,702	£11,103	£8,406	£41,770
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	11%	18%	22%	25%	19%	95%