	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,048	£9,184	£9,321	£9,555	£9,793	£46,901
Total Expenses	£7,313	£7,376	£7,431	£7,496	£7,563	£37,179
Profit Before Tax	£1,735	£1,807	£1,890	£2,058	£2,231	£9,722
Profit After Tax	£1,406	£1,464	£1,531	£1,667	£1,807	£7,875
Change In Property Value	£4,110	£7,761	£8,932	£9,468	£7,527	£37,799
Net Return	£5,516	£9,225	£10,463	£11,135	£9,334	£45,673
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	26%	22%	108%