	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,520	£8,648	£8,778	£8,997	£9,222	£44,164
Total Expenses	£7,003	£7,065	£7,119	£7,183	£7,248	£35,619
Profit Before Tax	£1,517	£1,582	£1,658	£1,814	£1,974	£8,546
Profit After Tax	£1,229	£1,282	£1,343	£1,469	£1,599	£6,922
Change In Property Value	£3,870	£7,308	£8,411	£8,915	£7,088	£35,592
Net Return	£5,099	£8,590	£9,754	£10,385	£8,686	£42,513
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	22%	25%	26%	22%	107%