	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,376	£8,544	£8,714	£8,932	£9,156	£43,722
Total Expenses	£5,681	£5,710	£5,738	£5,770	£5,803	£28,703
Profit Before Tax	£2,695	£2,833	£2,977	£3,162	£3,353	£15,019
Profit After Tax	£2,183	£2,295	£2,411	£2,561	£2,716	£12,165
Change In Property Value	£4,050	£6,953	£8,760	£9,286	£8,202	£37,251
Net Return	£6,233	£9,247	£11,171	£11,847	£10,918	£49,416
Return From Rental Income (%)	5%	6%	6%	6%	7%	29%
Total Net Return (%)	15%	22%	27%	29%	26%	119%