	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,004	£8,124	£8,246	£8,452	£8,663	£41,489
Total Expenses	£6,448	£6,473	£6,495	£6,526	£6,558	£32,501
Profit Before Tax	£1,556	£1,651	£1,751	£1,926	£2,105	£8,988
Profit After Tax	£1,260	£1,337	£1,418	£1,560	£1,705	£7,280
Change In Property Value	£4,800	£9,064	£10,432	£11,058	£8,791	£44,145
Net Return	£6,060	£10,401	£11,850	£12,618	£10,496	£51,425
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	12%	21%	24%	26%	21%	105%