	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	£7,401	£7,464	£7,519	£7,584	£7,650	£37,618
Profit Before Tax	£1,563	£1,634	£1,716	£1,882	£2,052	£8,847
Profit After Tax	£1,266	£1,324	£1,390	£1,524	£1,662	£7,166
Change In Property Value	£1,400	£4,242	£5,826	£6,816	£5,540	£23,824
Net Return	£2,666	£5,566	£7,216	£8,340	£7,202	£30,990
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	6%	13%	17%	19%	17%	72%