	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	£7,013	£7,079	£7,137	£7,201	£7,266	£35,696
Profit Before Tax	£1,303	£1,403	£1,515	£1,667	£1,824	£7,713
Profit After Tax	£1,056	£1,136	£1,227	£1,351	£1,478	£6,247
Change In Property Value	£3,899	£6,692	£8,432	£8,938	£7,896	£35,857
Net Return	£4,954	£7,829	£9,659	£10,289	£9,373	£42,105
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	20%	24%	26%	23%	105%