	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,500	£7,650	£7,803	£7,998	£8,198	£39,149
Total Expenses	£5,272	£5,299	£5,325	£5,355	£5,386	£26,637
Profit Before Tax	£2,228	£2,351	£2,478	£2,643	£2,812	£12,512
Profit After Tax	£1,805	£1,904	£2,007	£2,141	£2,278	£10,135
Change In Property Value	£3,750	£6,438	£8,111	£8,598	£7,595	£34,492
Net Return	£5,555	£8,342	£10,118	£10,739	£9,873	£44,627
Return From Rental Income (%)	5%	5%	5%	6%	6%	26%
Total Net Return (%)	14%	22%	26%	28%	26%	116%