	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,180	£9,318	£9,457	£9,694	£9,936	£47,585
Total Expenses	£7,210	£7,236	£7,260	£7,294	£7,329	£36,328
Profit Before Tax	£1,971	£2,082	£2,197	£2,400	£2,607	£11,257
Profit After Tax	£1,596	£1,686	£1,780	£1,944	£2,112	£9,118
Change In Property Value	£4,500	£8,303	£10,604	£12,204	£8,624	£44,235
Net Return	£6,096	£9,989	£12,384	£14,148	£10,736	£53,354
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	11%	18%	23%	26%	20%	97%