	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,928	£9,062	£9,198	£9,428	£9,663	£46,279
Total Expenses	£6,882	£6,946	£7,000	£7,065	£7,131	£35,026
Profit Before Tax	£2,046	£2,116	£2,197	£2,363	£2,532	£11,253
Profit After Tax	£1,657	£1,714	£1,780	£1,914	£2,051	£9,115
Change In Property Value	£3,720	£7,025	£8,085	£8,570	£6,813	£34,212
Net Return	£5,377	£8,739	£9,865	£10,483	£8,864	£43,327
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	27%	23%	113%