	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,750	£8,881	£9,014	£9,240	£9,471	£45,356
Total Expenses	£6,897	£6,960	£7,014	£7,079	£7,144	£35,094
Profit Before Tax	£1,853	£1,921	£2,000	£2,161	£2,326	£10,262
Profit After Tax	£1,501	£1,556	£1,620	£1,751	£1,884	£8,312
Change In Property Value	£3,750	£7,081	£8,150	£8,639	£6,868	£34,488
Net Return	£5,251	£8,637	£9,770	£10,389	£8,752	£42,800
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	14%	22%	25%	27%	23%	111%