	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,580	£8,709	£8,839	£9,060	£9,287	£44,475
Total Expenses	£7,041	£7,104	£7,158	£7,222	£7,287	£35,811
Profit Before Tax	£1,539	£1,605	£1,682	£1,839	£2,000	£8,665
Profit After Tax	£1,247	£1,300	£1,362	£1,489	£1,620	£7,018
Change In Property Value	£4,550	£7,400	£8,517	£9,028	£7,975	£37,470
Net Return	£5,797	£8,700	£9,879	£10,517	£9,595	£44,488
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	14%	22%	25%	26%	24%	111%