	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,220	£8,343	£8,468	£8,680	£8,897	£42,609
Total Expenses	£6,309	£6,334	£6,357	£6,388	£6,421	£31,809
Profit Before Tax	£1,911	£2,009	£2,112	£2,292	£2,476	£10,800
Profit After Tax	£1,548	£1,628	£1,711	£1,856	£2,006	£8,748
Change In Property Value	£5,425	£8,823	£10,155	£10,764	£9,508	£44,676
Net Return	£6,973	£10,451	£11,865	£12,621	£11,514	£53,424
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	15%	22%	25%	27%	24%	112%