	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,408	£9,596	£9,788	£10,033	£10,284	£49,109
Total Expenses	£7,669	£7,738	£7,798	£7,864	£7,932	£39,001
Profit Before Tax	£1,739	£1,858	£1,990	£2,169	£2,352	£10,108
Profit After Tax	£1,409	£1,505	£1,612	£1,757	£1,905	£8,187
Change In Property Value	£4,409	£7,568	£9,536	£10,108	£8,928	£40,548
Net Return	£5,817	£9,073	£11,148	£11,864	£10,833	£48,736
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	20%	25%	26%	24%	108%