	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,135	£9,272	£9,504	£9,741	£46,652
Total Expenses	£5,599	£5,625	£5,649	£5,682	£5,717	£28,272
Profit Before Tax	£3,401	£3,510	£3,623	£3,821	£4,025	£18,381
Profit After Tax	£2,755	£2,843	£2,935	£3,095	£3,260	£14,888
Change In Property Value	£4,568	£7,429	£8,550	£9,063	£8,005	£37,614
Net Return	£7,322	£10,272	£11,485	£12,158	£11,265	£52,502
Return From Rental Income (%)	7%	7%	7%	8%	8%	37%
Total Net Return (%)	18%	26%	29%	30%	28%	131%