	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,216	£9,354	£9,495	£9,732	£9,975	£47,772
Total Expenses	£5,982	£6,009	£6,033	£6,067	£6,102	£30,194
Profit Before Tax	£3,234	£3,346	£3,462	£3,665	£3,873	£17,578
Profit After Tax	£2,619	£2,710	£2,804	£2,968	£3,137	£14,238
Change In Property Value	£1,418	£4,295	£5,899	£6,901	£5,609	£24,121
Net Return	£4,037	£7,005	£8,702	£9,870	£8,746	£38,360
Return From Rental Income (%)	6%	6%	6%	7%	7%	33%
Total Net Return (%)	9%	16%	20%	23%	20%	88%