	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,200	£7,344	£7,491	£7,678	£7,870	£37,583
Total Expenses	£3,794	£3,821	£3,846	£3,875	£3,905	£19,241
Profit Before Tax	£3,406	£3,523	£3,645	£3,803	£3,965	£18,342
Profit After Tax	£2,759	£2,854	£2,952	£3,081	£3,212	£14,857
Change In Property Value	£2,400	£4,120	£5,191	£5,503	£4,861	£22,075
Net Return	£5,159	£6,974	£8,144	£8,583	£8,073	£36,932
Return From Rental Income (%)	10%	10%	11%	11%	12%	54%
Total Net Return (%)	19%	25%	30%	31%	29%	135%