	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,364	£8,531	£8,702	£8,919	£9,142	£43,659
Total Expenses	£6,376	£6,442	£6,500	£6,564	£6,629	£32,511
Profit Before Tax	£1,988	£2,089	£2,201	£2,355	£2,513	£11,148
Profit After Tax	£1,611	£1,692	£1,783	£1,908	£2,036	£9,030
Change In Property Value	£3,300	£5,665	£7,138	£7,566	£6,683	£30,353
Net Return	£4,911	£7,357	£8,921	£9,474	£8,719	£39,382
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	13%	20%	24%	25%	23%	106%