	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,676	£8,850	£9,027	£9,252	£9,483	£45,288
Total Expenses	£5,872	£5,902	£5,930	£5,963	£5,997	£29,664
Profit Before Tax	£2,804	£2,948	£3,097	£3,289	£3,487	£15,624
Profit After Tax	£2,271	£2,388	£2,508	£2,664	£2,824	£12,656
Change In Property Value	£4,200	£7,210	£9,085	£9,630	£8,506	£38,630
Net Return	£6,471	£9,598	£11,593	£12,294	£11,330	£51,286
Return From Rental Income (%)	5%	6%	6%	6%	7%	29%
Total Net Return (%)	15%	22%	27%	29%	26%	119%