	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,604	£8,733	£8,864	£9,086	£9,313	£44,600
Total Expenses	£7,325	£7,388	£7,442	£7,506	£7,571	£37,231
Profit Before Tax	£1,279	£1,345	£1,422	£1,580	£1,742	£7,369
Profit After Tax	£1,036	£1,090	£1,152	£1,280	£1,411	£5,969
Change In Property Value	£4,163	£7,860	£9,046	£9,589	£7,623	£38,282
Net Return	£5,199	£8,950	£10,198	£10,869	£9,034	£44,250
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	12%	21%	24%	25%	21%	104%