	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,820	£8,996	£9,176	£9,406	£9,641	£46,039
Total Expenses	£7,387	£7,454	£7,513	£7,578	£7,644	£37,576
Profit Before Tax	£1,434	£1,542	£1,663	£1,828	£1,997	£8,464
Profit After Tax	£1,161	£1,249	£1,347	£1,481	£1,617	£6,856
Change In Property Value	£4,200	£7,210	£9,085	£9,630	£8,506	£38,630
Net Return	£5,361	£8,459	£10,432	£11,110	£10,124	£45,486
Return From Rental Income (%)	2%	3%	3%	3%	3%	15%
Total Net Return (%)	11%	18%	22%	24%	21%	96%