	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,640	£8,813	£8,989	£9,214	£9,444	£45,100
Total Expenses	£7,156	£7,185	£7,213	£7,246	£7,280	£36,080
Profit Before Tax	£1,485	£1,628	£1,776	£1,968	£2,164	£9,020
Profit After Tax	£1,202	£1,318	£1,438	£1,594	£1,753	£7,306
Change In Property Value	£5,400	£9,270	£11,680	£12,381	£10,937	£49,668
Net Return	£6,602	£10,588	£13,119	£13,975	£12,690	£56,974
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	14%	23%	29%	30%	28%	124%