	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,640	£8,770	£8,901	£9,124	£9,352	£44,786
Total Expenses	£7,143	£7,206	£7,260	£7,324	£7,390	£36,324
Profit Before Tax	£1,497	£1,563	£1,641	£1,799	£1,962	£8,462
Profit After Tax	£1,212	£1,266	£1,329	£1,457	£1,589	£6,854
Change In Property Value	£3,990	£7,534	£8,671	£9,192	£7,307	£36,695
Net Return	£5,202	£8,801	£10,000	£10,649	£8,897	£43,549
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	22%	24%	26%	22%	106%