	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,360	£9,547	£9,738	£9,982	£10,231	£48,858
Total Expenses	£5,619	£5,650	£5,679	£5,714	£5,750	£28,412
Profit Before Tax	£3,741	£3,897	£4,059	£4,267	£4,481	£20,446
Profit After Tax	£3,030	£3,157	£3,288	£3,457	£3,630	£16,561
Change In Property Value	£3,900	£6,695	£8,436	£8,942	£7,899	£35,871
Net Return	£6,930	£9,852	£11,723	£12,398	£11,529	£52,433
Return From Rental Income (%)	7%	7%	7%	8%	8%	38%
Total Net Return (%)	16%	22%	27%	28%	26%	119%