	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,135	£9,272	£9,504	£9,741	£46,652
Total Expenses	£6,922	£6,985	£7,040	£7,105	£7,171	£35,224
Profit Before Tax	£2,078	£2,150	£2,232	£2,399	£2,570	£11,428
Profit After Tax	£1,683	£1,741	£1,808	£1,943	£2,082	£9,257
Change In Property Value	£3,125	£5,125	£7,329	£8,435	£5,961	£29,974
Net Return	£4,808	£6,866	£9,137	£10,378	£8,042	£39,231
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	12%	18%	24%	27%	21%	102%