	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,256	£8,421	£8,590	£8,804	£9,024	£43,095
Total Expenses	£6,622	£6,689	£6,747	£6,810	£6,875	£33,742
Profit Before Tax	£1,634	£1,732	£1,843	£1,994	£2,150	£9,353
Profit After Tax	£1,323	£1,403	£1,493	£1,615	£1,741	£7,576
Change In Property Value	£3,540	£6,077	£7,657	£8,116	£7,170	£32,560
Net Return	£4,863	£7,480	£9,150	£9,732	£8,911	£40,136
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	24%	22%	100%