	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,276	£9,415	£9,556	£9,795	£10,040	£48,083
Total Expenses	£7,191	£7,255	£7,310	£7,376	£7,443	£36,574
Profit Before Tax	£2,085	£2,160	£2,247	£2,420	£2,597	£11,509
Profit After Tax	£1,689	£1,750	£1,820	£1,960	£2,104	£9,323
Change In Property Value	£4,638	£7,543	£8,681	£9,202	£8,128	£38,191
Net Return	£6,327	£9,293	£10,501	£11,162	£10,232	£47,513
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	16%	23%	26%	27%	25%	117%