	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,132	£9,315	£9,501	£9,738	£9,982	£47,668
Total Expenses	£7,579	£7,647	£7,706	£7,772	£7,839	£38,543
Profit Before Tax	£1,553	£1,668	£1,794	£1,966	£2,143	£9,125
Profit After Tax	£1,258	£1,351	£1,454	£1,593	£1,736	£7,391
Change In Property Value	£4,350	£7,468	£9,409	£9,974	£8,810	£40,010
Net Return	£5,608	£8,818	£10,863	£11,566	£10,546	£47,401
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	11%	18%	22%	24%	22%	97%