	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,856	£9,033	£9,214	£9,444	£9,680	£46,227
Total Expenses	£7,712	£7,780	£7,839	£7,903	£7,970	£39,203
Profit Before Tax	£1,144	£1,254	£1,375	£1,541	£1,710	£7,024
Profit After Tax	£927	£1,015	£1,114	£1,248	£1,385	£5,689
Change In Property Value	£4,500	£7,725	£9,734	£10,318	£9,114	£41,390
Net Return	£5,427	£8,740	£10,847	£11,565	£10,499	£47,079
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	12%	19%	24%	25%	23%	102%