	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,952	£9,086	£9,313	£9,546	£9,833	£46,731
Total Expenses	£6,948	£6,973	£7,006	£7,040	£7,080	£35,046
Profit Before Tax	£2,004	£2,114	£2,307	£2,506	£2,753	£11,684
Profit After Tax	£1,623	£1,712	£1,869	£2,030	£2,230	£9,464
Change In Property Value	£4,898	£5,070	£8,245	£9,490	£10,059	£37,762
Net Return	£6,522	£6,782	£10,114	£11,520	£12,289	£47,227
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	15%	16%	24%	27%	29%	110%