	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,932	£8,051	£8,172	£8,376	£8,585	£41,116
Total Expenses	£5,476	£5,500	£5,523	£5,554	£5,585	£27,638
Profit Before Tax	£2,456	£2,551	£2,649	£2,822	£3,000	£13,479
Profit After Tax	£1,989	£2,066	£2,146	£2,286	£2,430	£10,918
Change In Property Value	£4,550	£7,400	£8,517	£9,028	£7,975	£37,470
Net Return	£6,539	£9,466	£10,663	£11,314	£10,405	£48,388
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	16%	24%	27%	28%	26%	121%