	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	£6,152	£6,181	£6,208	£6,240	£6,273	£31,053
Profit Before Tax	£2,104	£2,240	£2,382	£2,564	£2,752	£12,042
Profit After Tax	£1,704	£1,815	£1,929	£2,077	£2,229	£9,754
Change In Property Value	£4,500	£7,725	£9,734	£10,318	£9,114	£41,390
Net Return	£6,204	£9,540	£11,663	£12,395	£11,343	£51,144
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	24%	22%	101%