	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,964	£9,143	£9,326	£9,559	£9,798	£46,791
Total Expenses	£7,401	£7,469	£7,528	£7,593	£7,660	£37,651
Profit Before Tax	£1,563	£1,674	£1,798	£1,966	£2,138	£9,140
Profit After Tax	£1,266	£1,356	£1,456	£1,592	£1,732	£7,403
Change In Property Value	£4,200	£7,210	£9,085	£9,630	£8,506	£38,630
Net Return	£5,466	£8,566	£10,541	£11,222	£10,238	£46,034
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	18%	22%	24%	22%	98%