	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,676	£8,806	£8,938	£9,162	£9,391	£44,973
Total Expenses	£7,372	£7,435	£7,489	£7,553	£7,619	£37,469
Profit Before Tax	£1,304	£1,371	£1,449	£1,608	£1,772	£7,504
Profit After Tax	£1,056	£1,111	£1,174	£1,303	£1,435	£6,078
Change In Property Value	£4,900	£7,970	£9,172	£9,723	£8,588	£40,352
Net Return	£5,956	£9,080	£10,346	£11,025	£10,023	£46,430
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	14%	21%	24%	26%	23%	108%