	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,312	£9,452	£9,593	£9,833	£10,079	£48,270
Total Expenses	£7,544	£7,571	£7,595	£7,630	£7,665	£38,006
Profit Before Tax	£1,768	£1,881	£1,998	£2,204	£2,414	£10,264
Profit After Tax	£1,432	£1,523	£1,618	£1,785	£1,955	£8,314
Change In Property Value	£1,900	£5,757	£7,906	£9,250	£7,518	£32,332
Net Return	£3,332	£7,280	£9,525	£11,035	£9,474	£40,646
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	6%	13%	16%	19%	16%	70%