	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,096	£9,278	£9,463	£9,700	£9,943	£47,480
Total Expenses	£7,092	£7,161	£7,220	£7,286	£7,352	£36,111
Profit Before Tax	£2,004	£2,117	£2,243	£2,414	£2,590	£11,369
Profit After Tax	£1,623	£1,715	£1,817	£1,956	£2,098	£9,209
Change In Property Value	£3,900	£6,695	£8,436	£8,942	£7,899	£35,871
Net Return	£5,523	£8,410	£10,253	£10,898	£9,997	£45,080
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	13%	19%	23%	25%	23%	103%