	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	£6,761	£6,825	£6,879	£6,944	£7,011	£34,420
Profit Before Tax	£2,239	£2,310	£2,393	£2,560	£2,731	£12,233
Profit After Tax	£1,814	£1,872	£1,938	£2,073	£2,212	£9,909
Change In Property Value	£3,600	£6,798	£7,824	£8,293	£6,593	£33,108
Net Return	£5,414	£8,670	£9,762	£10,367	£8,805	£43,017
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	15%	23%	26%	28%	24%	116%