	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,180	£9,318	£9,457	£9,694	£9,936	£47,585
Total Expenses	£7,210	£7,236	£7,260	£7,294	£7,329	£36,328
Profit Before Tax	£1,971	£2,082	£2,197	£2,400	£2,607	£11,257
Profit After Tax	£1,596	£1,686	£1,780	£1,944	£2,112	£9,118
Change In Property Value	£1,800	£5,454	£7,490	£8,763	£7,123	£30,630
Net Return	£3,396	£7,140	£9,270	£10,707	£9,235	£39,749
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	6%	13%	17%	19%	17%	72%