	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,844	£9,021	£9,246	£9,478	£9,715	£46,303
Total Expenses	£7,137	£7,166	£7,200	£7,234	£7,268	£36,006
Profit Before Tax	£1,707	£1,854	£2,047	£2,244	£2,446	£10,298
Profit After Tax	£1,382	£1,502	£1,658	£1,817	£1,982	£8,341
Change In Property Value	£4,350	£4,481	£7,692	£9,691	£10,273	£36,486
Net Return	£5,732	£5,983	£9,349	£11,509	£12,254	£44,827
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	13%	21%	26%	28%	101%