	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,760	£8,935	£9,114	£9,342	£9,575	£45,726
Total Expenses	£6,074	£6,104	£6,132	£6,165	£6,199	£30,673
Profit Before Tax	£2,686	£2,832	£2,982	£3,177	£3,376	£15,053
Profit After Tax	£2,176	£2,294	£2,416	£2,573	£2,735	£12,193
Change In Property Value	£4,380	£7,519	£9,474	£10,042	£8,871	£40,286
Net Return	£6,556	£9,813	£11,890	£12,616	£11,606	£52,479
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	13%	20%	24%	26%	24%	107%