	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,580	£8,709	£8,839	£9,060	£9,287	£44,475
Total Expenses	£6,667	£6,692	£6,716	£6,748	£6,781	£33,604
Profit Before Tax	£1,913	£2,016	£2,124	£2,312	£2,505	£10,871
Profit After Tax	£1,550	£1,633	£1,720	£1,873	£2,029	£8,805
Change In Property Value	£5,775	£9,393	£10,810	£11,459	£10,122	£47,558
Net Return	£7,325	£11,026	£12,530	£13,332	£12,151	£56,364
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	15%	22%	25%	26%	24%	112%