	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,276	£9,462	£9,651	£9,892	£10,139	£48,420
Total Expenses	£7,591	£7,660	£7,720	£7,786	£7,853	£38,610
Profit Before Tax	£1,685	£1,802	£1,931	£2,106	£2,286	£9,810
Profit After Tax	£1,365	£1,459	£1,564	£1,706	£1,852	£7,946
Change In Property Value	£4,349	£7,465	£9,406	£9,970	£8,807	£39,996
Net Return	£5,713	£8,924	£10,970	£11,676	£10,659	£47,942
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	20%	25%	26%	24%	108%