	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,384	£9,525	£9,668	£9,909	£10,157	£48,643
Total Expenses	£7,732	£7,797	£7,852	£7,918	£7,985	£39,284
Profit Before Tax	£1,652	£1,728	£1,816	£1,991	£2,172	£9,359
Profit After Tax	£1,338	£1,400	£1,471	£1,613	£1,759	£7,581
Change In Property Value	£4,470	£8,441	£9,715	£10,298	£8,187	£41,110
Net Return	£5,808	£9,841	£11,185	£11,911	£9,946	£48,690
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	22%	24%	26%	22%	107%