	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,832	£8,964	£9,099	£9,326	£9,560	£45,781
Total Expenses	£6,851	£6,877	£6,901	£6,934	£6,968	£34,531
Profit Before Tax	£1,981	£2,087	£2,198	£2,392	£2,592	£11,250
Profit After Tax	£1,604	£1,691	£1,781	£1,938	£2,099	£9,113
Change In Property Value	£5,948	£9,674	£11,134	£11,802	£10,425	£48,985
Net Return	£7,553	£11,365	£12,915	£13,740	£12,525	£58,098
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	15%	22%	25%	26%	24%	112%