	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,240	£9,425	£9,660	£9,902	£10,149	£48,377
Total Expenses	£6,979	£7,008	£7,043	£7,078	£7,113	£35,221
Profit Before Tax	£2,262	£2,416	£2,618	£2,824	£3,036	£13,156
Profit After Tax	£1,832	£1,957	£2,120	£2,287	£2,459	£10,656
Change In Property Value	£4,200	£4,326	£7,426	£9,357	£9,919	£35,228
Net Return	£6,032	£6,283	£9,547	£11,645	£12,378	£45,884
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	14%	15%	22%	27%	29%	107%