	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,120	£9,302	£9,488	£9,726	£9,969	£47,605
Total Expenses	£6,773	£6,841	£6,901	£6,966	£7,033	£34,515
Profit Before Tax	£2,347	£2,461	£2,588	£2,759	£2,935	£13,090
Profit After Tax	£1,901	£1,994	£2,096	£2,235	£2,378	£10,603
Change In Property Value	£3,600	£6,180	£7,787	£8,254	£7,291	£33,112
Net Return	£5,501	£8,174	£9,883	£10,489	£9,669	£43,715
Return From Rental Income (%)	5%	5%	5%	6%	6%	26%
Total Net Return (%)	14%	20%	24%	26%	24%	108%