	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,450	£9,592	£9,736	£9,979	£10,228	£48,985
Total Expenses	£7,289	£7,353	£7,408	£7,474	£7,542	£37,066
Profit Before Tax	£2,161	£2,239	£2,327	£2,505	£2,687	£11,919
Profit After Tax	£1,751	£1,814	£1,885	£2,029	£2,176	£9,654
Change In Property Value	£4,050	£7,648	£8,802	£9,330	£7,417	£37,247
Net Return	£5,801	£9,461	£10,687	£11,359	£9,593	£46,901
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	23%	26%	27%	23%	113%