	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,180	£9,364	£9,598	£9,838	£46,979
Total Expenses	£7,726	£7,794	£7,854	£7,919	£7,985	£39,278
Profit Before Tax	£1,274	£1,386	£1,510	£1,679	£1,852	£7,700
Profit After Tax	£1,032	£1,122	£1,223	£1,360	£1,500	£6,237
Change In Property Value	£4,500	£7,725	£9,734	£10,318	£9,114	£41,390
Net Return	£5,532	£8,847	£10,957	£11,677	£10,614	£47,627
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	11%	17%	22%	23%	21%	94%