	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,360	£9,547	£9,786	£10,031	£10,281	£49,005
Total Expenses	£7,697	£7,762	£7,829	£7,897	£7,965	£39,149
Profit Before Tax	£1,663	£1,785	£1,957	£2,134	£2,317	£9,856
Profit After Tax	£1,347	£1,446	£1,585	£1,728	£1,877	£7,983
Change In Property Value	£3,600	£3,708	£6,365	£8,020	£8,502	£30,195
Net Return	£4,947	£5,154	£7,951	£9,749	£10,378	£38,179
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	13%	20%	24%	26%	94%