	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,024	£9,204	£9,389	£9,623	£9,864	£47,104
Total Expenses	£7,439	£7,507	£7,567	£7,632	£7,699	£37,843
Profit Before Tax	£1,585	£1,697	£1,822	£1,991	£2,165	£9,261
Profit After Tax	£1,284	£1,375	£1,476	£1,613	£1,754	£7,501
Change In Property Value	£4,230	£7,262	£9,149	£9,698	£8,567	£38,906
Net Return	£5,514	£8,636	£10,625	£11,312	£10,321	£46,408
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	20%	25%	26%	24%	107%