	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,135	£9,272	£9,504	£9,741	£46,652
Total Expenses	£7,726	£7,790	£7,844	£7,909	£7,976	£39,246
Profit Before Tax	£1,274	£1,345	£1,428	£1,594	£1,766	£7,406
Profit After Tax	£1,032	£1,090	£1,156	£1,291	£1,430	£5,999
Change In Property Value	£3,000	£6,120	£7,956	£8,354	£6,140	£31,570
Net Return	£4,032	£7,210	£9,112	£9,645	£7,570	£37,569
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	9%	16%	20%	21%	16%	82%