	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,252	£9,391	£9,626	£9,866	£10,162	£48,297
Total Expenses	£7,885	£7,944	£8,011	£8,079	£8,151	£40,070
Profit Before Tax	£1,367	£1,446	£1,615	£1,787	£2,011	£8,227
Profit After Tax	£1,108	£1,172	£1,308	£1,448	£1,629	£6,664
Change In Property Value	£3,750	£3,863	£7,294	£8,394	£8,898	£32,199
Net Return	£4,858	£5,034	£8,602	£9,842	£10,527	£38,862
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	13%	13%	22%	26%	27%	101%