	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,204	£9,342	£9,482	£9,719	£9,962	£47,710
Total Expenses	£7,618	£7,682	£7,737	£7,802	£7,869	£38,708
Profit Before Tax	£1,586	£1,660	£1,745	£1,917	£2,093	£9,002
Profit After Tax	£1,285	£1,345	£1,414	£1,553	£1,695	£7,291
Change In Property Value	£4,380	£8,271	£9,519	£10,090	£8,022	£40,282
Net Return	£5,665	£9,616	£10,933	£11,643	£9,717	£47,573
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	13%	21%	24%	26%	22%	106%