	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,444	£9,586	£9,729	£9,973	£10,222	£48,954
Total Expenses	£7,769	£7,833	£7,889	£7,955	£8,022	£39,468
Profit Before Tax	£1,675	£1,752	£1,841	£2,018	£2,200	£9,486
Profit After Tax	£1,357	£1,419	£1,491	£1,635	£1,782	£7,684
Change In Property Value	£4,499	£8,495	£9,777	£10,363	£8,239	£41,372
Net Return	£5,855	£9,914	£11,268	£11,998	£10,020	£49,055
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	22%	25%	26%	22%	107%