	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,564	£9,707	£9,853	£10,099	£10,352	£49,576
Total Expenses	£7,230	£7,294	£7,350	£7,416	£7,484	£36,775
Profit Before Tax	£2,334	£2,413	£2,503	£2,683	£2,868	£12,801
Profit After Tax	£1,891	£1,955	£2,028	£2,173	£2,323	£10,369
Change In Property Value	£3,985	£7,524	£8,660	£9,180	£7,298	£36,647
Net Return	£5,875	£9,479	£10,688	£11,353	£9,621	£47,015
Return From Rental Income (%)	5%	5%	5%	5%	6%	25%
Total Net Return (%)	14%	23%	26%	28%	24%	115%