	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,316	£8,482	£8,652	£8,868	£9,090	£43,409
Total Expenses	£7,014	£7,081	£7,139	£7,202	£7,267	£35,703
Profit Before Tax	£1,302	£1,401	£1,513	£1,666	£1,823	£7,705
Profit After Tax	£1,054	£1,135	£1,226	£1,349	£1,477	£6,241
Change In Property Value	£3,900	£6,695	£8,435	£8,941	£7,898	£35,870
Net Return	£4,954	£7,830	£9,661	£10,291	£9,375	£42,111
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	20%	24%	26%	23%	105%