	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,120	£9,257	£9,488	£9,725	£10,017	£47,608
Total Expenses	£7,673	£7,733	£7,799	£7,866	£7,938	£39,009
Profit Before Tax	£1,447	£1,524	£1,689	£1,859	£2,079	£8,599
Profit After Tax	£1,172	£1,235	£1,368	£1,506	£1,684	£6,965
Change In Property Value	£3,600	£3,708	£7,002	£8,059	£8,542	£30,911
Net Return	£4,772	£4,943	£8,370	£9,564	£10,226	£37,876
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	102%