	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,556	£8,684	£8,815	£9,035	£9,261	£44,351
Total Expenses	£6,182	£6,207	£6,230	£6,263	£6,296	£31,179
Profit Before Tax	£2,374	£2,477	£2,584	£2,772	£2,965	£13,172
Profit After Tax	£1,923	£2,006	£2,093	£2,245	£2,401	£10,669
Change In Property Value	£3,750	£6,919	£8,837	£10,170	£7,187	£36,863
Net Return	£5,673	£8,925	£10,930	£12,416	£9,588	£47,532
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	12%	19%	24%	27%	21%	103%