	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,324	£9,464	£9,606	£9,846	£10,092	£48,332
Total Expenses	£7,694	£7,758	£7,813	£7,879	£7,947	£39,092
Profit Before Tax	£1,630	£1,706	£1,792	£1,967	£2,146	£9,240
Profit After Tax	£1,320	£1,382	£1,452	£1,593	£1,738	£7,484
Change In Property Value	£4,440	£8,384	£9,649	£10,228	£8,132	£40,834
Net Return	£5,760	£9,766	£11,101	£11,821	£9,869	£48,318
Return From Rental Income (%)	3%	3%	3%	4%	4%	16%
Total Net Return (%)	13%	22%	24%	26%	22%	106%