	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	£7,671	£7,731	£7,797	£7,864	£7,936	£38,999
Profit Before Tax	£1,449	£1,526	£1,691	£1,861	£2,081	£8,609
Profit After Tax	£1,174	£1,236	£1,370	£1,507	£1,686	£6,973
Change In Property Value	£3,599	£3,706	£6,999	£8,055	£8,539	£30,898
Net Return	£4,772	£4,943	£8,369	£9,563	£10,224	£37,871
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	102%