	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,135	£9,272	£9,504	£9,741	£46,652
Total Expenses	£6,922	£6,985	£7,040	£7,105	£7,171	£35,224
Profit Before Tax	£2,078	£2,150	£2,232	£2,399	£2,570	£11,428
Profit After Tax	£1,683	£1,741	£1,808	£1,943	£2,082	£9,257
Change In Property Value	£3,750	£7,081	£8,150	£8,639	£6,868	£34,488
Net Return	£5,433	£8,822	£9,958	£10,582	£8,950	£43,745
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	14%	23%	26%	27%	23%	114%