	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,640	£8,770	£8,901	£9,124	£9,352	£44,786
Total Expenses	£6,512	£6,537	£6,561	£6,594	£6,627	£32,831
Profit Before Tax	£2,128	£2,232	£2,340	£2,530	£2,725	£11,955
Profit After Tax	£1,724	£1,808	£1,896	£2,049	£2,207	£9,684
Change In Property Value	£4,000	£7,380	£9,426	£10,848	£7,666	£39,320
Net Return	£5,724	£9,188	£11,322	£12,898	£9,873	£49,004
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	26%	20%	100%