	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,820	£8,952	£9,087	£9,314	£9,547	£45,719
Total Expenses	£5,887	£5,912	£5,936	£5,969	£6,003	£29,707
Profit Before Tax	£2,934	£3,040	£3,151	£3,345	£3,544	£16,012
Profit After Tax	£2,376	£2,462	£2,552	£2,709	£2,870	£12,970
Change In Property Value	£4,900	£7,970	£9,172	£9,723	£8,588	£40,352
Net Return	£7,276	£10,432	£11,724	£12,432	£11,458	£53,322
Return From Rental Income (%)	6%	6%	6%	6%	7%	30%
Total Net Return (%)	17%	24%	27%	29%	27%	124%