	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,904	£9,038	£9,173	£9,402	£9,638	£46,155
Total Expenses	£7,232	£7,296	£7,350	£7,415	£7,481	£36,775
Profit Before Tax	£1,672	£1,742	£1,823	£1,987	£2,156	£9,380
Profit After Tax	£1,354	£1,411	£1,476	£1,610	£1,747	£7,598
Change In Property Value	£4,049	£7,645	£8,799	£9,327	£7,415	£37,233
Net Return	£5,402	£9,056	£10,275	£10,936	£9,161	£44,831
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	22%	25%	26%	22%	108%