	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,400	£8,526	£8,654	£8,870	£9,092	£43,542
Total Expenses	£6,166	£6,191	£6,214	£6,246	£6,279	£31,098
Profit Before Tax	£2,234	£2,335	£2,440	£2,624	£2,813	£12,444
Profit After Tax	£1,809	£1,891	£1,976	£2,125	£2,278	£10,080
Change In Property Value	£3,750	£6,919	£8,837	£10,170	£7,187	£36,863
Net Return	£5,559	£8,810	£10,813	£12,296	£9,465	£46,943
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	12%	19%	24%	27%	21%	102%