	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,135	£9,363	£9,597	£9,885	£46,981
Total Expenses	£7,661	£7,721	£7,786	£7,854	£7,925	£38,946
Profit Before Tax	£1,339	£1,414	£1,577	£1,744	£1,960	£8,035
Profit After Tax	£1,085	£1,146	£1,277	£1,413	£1,588	£6,508
Change In Property Value	£3,600	£3,708	£7,002	£8,059	£8,542	£30,911
Net Return	£4,685	£4,854	£8,279	£9,471	£10,130	£37,419
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	13%	13%	22%	26%	27%	101%