	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,412	£8,580	£8,795	£9,015	£9,240	£44,042
Total Expenses	£7,094	£7,122	£7,155	£7,188	£7,221	£35,779
Profit Before Tax	£1,318	£1,458	£1,640	£1,827	£2,019	£8,262
Profit After Tax	£1,068	£1,181	£1,329	£1,480	£1,636	£6,692
Change In Property Value	£4,350	£4,481	£7,692	£9,691	£10,273	£36,486
Net Return	£5,418	£5,661	£9,020	£11,171	£11,908	£43,179
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	11%	12%	18%	23%	24%	88%