	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,580	£8,752	£8,970	£9,195	£9,425	£44,921
Total Expenses	£6,516	£6,544	£6,577	£6,610	£6,644	£32,892
Profit Before Tax	£2,064	£2,207	£2,393	£2,584	£2,780	£12,029
Profit After Tax	£1,672	£1,788	£1,939	£2,093	£2,252	£9,744
Change In Property Value	£3,900	£4,017	£6,896	£8,689	£9,210	£32,712
Net Return	£5,572	£5,805	£8,834	£10,782	£11,462	£42,456
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	14%	15%	22%	27%	29%	106%