	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,444	£9,586	£9,729	£9,973	£10,222	£48,954
Total Expenses	£7,224	£7,288	£7,343	£7,409	£7,477	£36,741
Profit Before Tax	£2,220	£2,298	£2,386	£2,563	£2,745	£12,213
Profit After Tax	£1,798	£1,861	£1,933	£2,076	£2,223	£9,892
Change In Property Value	£4,655	£7,571	£8,714	£9,236	£8,159	£38,335
Net Return	£6,453	£9,432	£10,646	£11,313	£10,382	£48,227
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	16%	23%	26%	28%	25%	118%