	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,300	£9,486	£9,723	£9,966	£10,215	£48,691
Total Expenses	£6,898	£6,962	£7,029	£7,097	£7,165	£35,150
Profit Before Tax	£2,403	£2,524	£2,694	£2,869	£3,051	£13,541
Profit After Tax	£1,946	£2,044	£2,182	£2,324	£2,471	£10,968
Change In Property Value	£2,000	£2,040	£4,162	£5,410	£6,249	£19,860
Net Return	£3,946	£4,084	£6,344	£7,734	£8,720	£30,828
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	8%	8%	13%	16%	18%	63%