	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,124	£8,286	£8,494	£8,706	£8,924	£42,534
Total Expenses	£6,867	£6,895	£6,926	£6,958	£6,991	£34,637
Profit Before Tax	£1,257	£1,392	£1,568	£1,748	£1,933	£7,897
Profit After Tax	£1,018	£1,127	£1,270	£1,416	£1,566	£6,397
Change In Property Value	£4,200	£4,326	£7,426	£9,357	£9,919	£35,228
Net Return	£5,218	£5,453	£8,696	£10,773	£11,484	£41,625
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	11%	12%	18%	23%	24%	88%