	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,135	£9,272	£9,504	£9,741	£46,652
Total Expenses	£6,920	£6,984	£7,038	£7,103	£7,170	£35,216
Profit Before Tax	£2,080	£2,151	£2,234	£2,400	£2,572	£11,436
Profit After Tax	£1,685	£1,742	£1,809	£1,944	£2,083	£9,263
Change In Property Value	£3,749	£7,078	£8,147	£8,635	£6,865	£34,474
Net Return	£5,433	£8,821	£9,956	£10,580	£8,948	£43,738
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	27%	23%	114%