	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,580	£8,709	£8,926	£9,150	£9,424	£44,789
Total Expenses	£6,516	£6,540	£6,573	£6,606	£6,644	£32,878
Profit Before Tax	£2,064	£2,169	£2,354	£2,544	£2,780	£11,910
Profit After Tax	£1,672	£1,757	£1,907	£2,060	£2,252	£9,647
Change In Property Value	£4,550	£4,709	£7,659	£8,815	£9,344	£35,078
Net Return	£6,222	£6,466	£9,566	£10,875	£11,596	£44,725
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	16%	16%	24%	27%	29%	112%