	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,676	£8,806	£8,938	£9,162	£9,391	£44,973
Total Expenses	£7,227	£7,290	£7,344	£7,409	£7,474	£36,744
Profit Before Tax	£1,449	£1,516	£1,594	£1,753	£1,917	£8,228
Profit After Tax	£1,174	£1,228	£1,291	£1,420	£1,552	£6,665
Change In Property Value	£4,065	£7,676	£8,834	£9,364	£7,445	£37,383
Net Return	£5,238	£8,904	£10,125	£10,784	£8,997	£44,049
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	13%	21%	24%	26%	22%	106%