	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,820	£8,952	£9,176	£9,406	£9,688	£46,042
Total Expenses	£6,937	£6,961	£6,994	£7,028	£7,067	£34,987
Profit Before Tax	£1,884	£1,991	£2,182	£2,377	£2,621	£11,054
Profit After Tax	£1,526	£1,613	£1,767	£1,926	£2,123	£8,954
Change In Property Value	£4,900	£5,072	£8,248	£9,493	£10,063	£37,776
Net Return	£6,426	£6,684	£10,016	£11,419	£12,185	£46,730
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	15%	16%	23%	27%	28%	109%