	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,240	£9,379	£9,519	£9,757	£10,001	£47,896
Total Expenses	£7,429	£7,492	£7,547	£7,613	£7,680	£37,761
Profit Before Tax	£1,812	£1,886	£1,972	£2,144	£2,321	£10,135
Profit After Tax	£1,467	£1,528	£1,597	£1,737	£1,880	£8,209
Change In Property Value	£4,200	£7,931	£9,128	£9,676	£7,692	£38,626
Net Return	£5,667	£9,459	£10,725	£11,412	£9,572	£46,836
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	27%	22%	109%