	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,400	£8,568	£8,739	£8,958	£9,182	£43,847
Total Expenses	£5,845	£5,874	£5,901	£5,933	£5,967	£29,520
Profit Before Tax	£2,556	£2,694	£2,838	£3,024	£3,215	£14,327
Profit After Tax	£2,070	£2,182	£2,299	£2,450	£2,604	£11,605
Change In Property Value	£4,200	£7,210	£9,085	£9,630	£8,506	£38,630
Net Return	£6,270	£9,392	£11,384	£12,079	£11,111	£50,236
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	15%	22%	26%	28%	26%	117%