	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	£6,759	£6,823	£6,878	£6,943	£7,009	£34,411
Profit Before Tax	£2,241	£2,312	£2,394	£2,561	£2,732	£12,241
Profit After Tax	£1,815	£1,873	£1,939	£2,075	£2,213	£9,915
Change In Property Value	£3,599	£6,795	£7,821	£8,290	£6,590	£33,095
Net Return	£5,413	£8,668	£9,760	£10,364	£8,804	£43,010
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	15%	23%	26%	28%	24%	116%