	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,096	£9,232	£9,371	£9,605	£9,845	£47,150
Total Expenses	£7,412	£7,476	£7,531	£7,596	£7,663	£37,679
Profit Before Tax	£1,684	£1,756	£1,840	£2,009	£2,182	£9,471
Profit After Tax	£1,364	£1,423	£1,490	£1,627	£1,768	£7,672
Change In Property Value	£4,898	£7,967	£9,169	£9,719	£8,585	£40,338
Net Return	£6,262	£9,389	£10,659	£11,346	£10,353	£48,010
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	15%	22%	25%	26%	24%	112%