	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,700	£8,874	£9,096	£9,323	£9,556	£45,549
Total Expenses	£6,845	£6,874	£6,907	£6,941	£6,975	£34,542
Profit Before Tax	£1,855	£2,000	£2,189	£2,383	£2,582	£11,008
Profit After Tax	£1,502	£1,620	£1,773	£1,930	£2,091	£8,916
Change In Property Value	£4,140	£4,264	£7,320	£9,223	£9,777	£34,725
Net Return	£5,642	£5,884	£9,093	£11,153	£11,868	£43,641
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	13%	14%	21%	26%	28%	103%