	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,124	£8,246	£8,370	£8,579	£8,793	£42,111
Total Expenses	£6,834	£6,896	£6,950	£7,013	£7,077	£34,770
Profit Before Tax	£1,290	£1,349	£1,420	£1,566	£1,717	£7,342
Profit After Tax	£1,045	£1,093	£1,150	£1,269	£1,390	£5,947
Change In Property Value	£3,750	£7,081	£8,150	£8,639	£6,868	£34,488
Net Return	£4,795	£8,174	£9,300	£9,907	£8,258	£40,435
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	12%	21%	24%	26%	21%	105%