	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,736	£8,867	£9,089	£9,316	£9,595	£45,603
Total Expenses	£7,436	£7,495	£7,560	£7,627	£7,698	£37,817
Profit Before Tax	£1,300	£1,372	£1,528	£1,689	£1,898	£7,786
Profit After Tax	£1,053	£1,111	£1,238	£1,368	£1,537	£6,307
Change In Property Value	£3,450	£3,554	£6,710	£7,723	£8,186	£29,623
Net Return	£4,503	£4,665	£7,948	£9,091	£9,723	£35,930
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	13%	13%	22%	26%	27%	101%