	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,817	£11,088	£11,365	£54,428
Total Expenses	£7,876	£7,942	£7,999	£8,068	£8,138	£40,023
Profit Before Tax	£2,624	£2,715	£2,818	£3,020	£3,227	£14,404
Profit After Tax	£2,125	£2,200	£2,283	£2,446	£2,614	£11,668
Change In Property Value	£5,250	£8,539	£9,827	£10,417	£9,202	£43,235
Net Return	£7,375	£10,738	£12,110	£12,863	£11,815	£54,902
Return From Rental Income (%)	5%	5%	5%	5%	6%	25%
Total Net Return (%)	16%	23%	26%	28%	26%	119%