	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	£7,659	£7,719	£7,784	£7,852	£7,923	£38,936
Profit Before Tax	£1,341	£1,416	£1,579	£1,746	£1,962	£8,045
Profit After Tax	£1,086	£1,147	£1,279	£1,414	£1,590	£6,516
Change In Property Value	£3,599	£3,706	£6,999	£8,055	£8,539	£30,898
Net Return	£4,685	£4,854	£8,278	£9,469	£10,128	£37,414
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	13%	13%	22%	26%	27%	101%