	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,820	£8,952	£9,087	£9,314	£9,547	£45,719
Total Expenses	£7,387	£7,450	£7,504	£7,569	£7,635	£37,544
Profit Before Tax	£1,434	£1,503	£1,582	£1,745	£1,912	£8,175
Profit After Tax	£1,161	£1,217	£1,282	£1,413	£1,549	£6,622
Change In Property Value	£4,200	£7,931	£9,128	£9,676	£7,692	£38,626
Net Return	£5,361	£9,148	£10,410	£11,089	£9,241	£45,249
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	12%	21%	24%	26%	21%	105%