	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,796	£8,928	£9,062	£9,288	£9,521	£45,595
Total Expenses	£7,374	£7,437	£7,491	£7,556	£7,622	£37,480
Profit Before Tax	£1,422	£1,491	£1,570	£1,733	£1,899	£8,115
Profit After Tax	£1,152	£1,208	£1,272	£1,403	£1,538	£6,573
Change In Property Value	£4,190	£7,913	£9,107	£9,653	£7,674	£38,538
Net Return	£5,342	£9,121	£10,379	£11,057	£9,213	£45,111
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	12%	21%	24%	26%	21%	105%