	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,808	£8,940	£9,074	£9,301	£9,534	£45,657
Total Expenses	£6,871	£6,934	£6,988	£7,053	£7,119	£34,964
Profit Before Tax	£1,938	£2,006	£2,086	£2,248	£2,415	£10,694
Profit After Tax	£1,569	£1,625	£1,690	£1,821	£1,956	£8,662
Change In Property Value	£3,720	£7,025	£8,085	£8,570	£6,813	£34,212
Net Return	£5,289	£8,650	£9,774	£10,391	£8,769	£42,874
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	14%	23%	26%	27%	23%	112%