	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,924	£11,197	£11,533	£54,811
Total Expenses	£7,613	£7,674	£7,744	£7,815	£7,891	£38,738
Profit Before Tax	£2,887	£2,983	£3,180	£3,382	£3,642	£16,074
Profit After Tax	£2,339	£2,416	£2,576	£2,739	£2,950	£13,020
Change In Property Value	£2,875	£2,947	£5,437	£6,944	£7,992	£26,195
Net Return	£5,214	£5,363	£8,013	£9,684	£10,942	£39,215
Return From Rental Income (%)	7%	7%	7%	8%	8%	37%
Total Net Return (%)	15%	15%	23%	27%	31%	110%