	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,928	£9,062	£9,198	£9,428	£9,663	£46,279
Total Expenses	£7,526	£7,589	£7,644	£7,709	£7,775	£38,243
Profit Before Tax	£1,402	£1,473	£1,554	£1,719	£1,888	£8,036
Profit After Tax	£1,136	£1,193	£1,259	£1,392	£1,530	£6,509
Change In Property Value	£5,040	£8,197	£9,434	£10,000	£8,834	£41,505
Net Return	£6,176	£9,390	£10,693	£11,393	£10,363	£48,014
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	14%	21%	24%	26%	23%	109%