	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,712	£8,843	£9,064	£9,290	£9,569	£45,478
Total Expenses	£6,529	£6,554	£6,586	£6,620	£6,659	£32,947
Profit Before Tax	£2,183	£2,289	£2,477	£2,670	£2,911	£12,530
Profit After Tax	£1,768	£1,854	£2,007	£2,163	£2,358	£10,150
Change In Property Value	£4,550	£4,709	£7,659	£8,815	£9,344	£35,078
Net Return	£6,318	£6,563	£9,666	£10,978	£11,702	£45,227
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	16%	16%	24%	27%	29%	113%