	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,360	£9,500	£9,643	£9,884	£10,131	£48,518
Total Expenses	£5,619	£5,645	£5,670	£5,704	£5,740	£28,378
Profit Before Tax	£3,741	£3,855	£3,973	£4,180	£4,391	£20,140
Profit After Tax	£3,030	£3,123	£3,218	£3,385	£3,557	£16,314
Change In Property Value	£4,550	£7,400	£8,517	£9,028	£7,975	£37,470
Net Return	£7,580	£10,523	£11,735	£12,414	£11,532	£53,784
Return From Rental Income (%)	8%	8%	8%	8%	9%	41%
Total Net Return (%)	19%	26%	29%	31%	29%	134%