	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,964	£9,098	£9,235	£9,466	£9,702	£46,466
Total Expenses	£7,079	£7,142	£7,197	£7,262	£7,328	£36,009
Profit Before Tax	£1,885	£1,956	£2,038	£2,204	£2,374	£10,457
Profit After Tax	£1,527	£1,584	£1,651	£1,785	£1,923	£8,470
Change In Property Value	£4,550	£7,400	£8,517	£9,028	£7,974	£37,469
Net Return	£6,077	£8,984	£10,167	£10,813	£9,898	£45,939
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	15%	22%	25%	27%	25%	115%