	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,744	£9,988	£10,237	£10,544	£50,113
Total Expenses	£6,926	£6,986	£7,053	£7,122	£7,195	£35,282
Profit Before Tax	£2,674	£2,758	£2,934	£3,115	£3,349	£14,831
Profit After Tax	£2,166	£2,234	£2,377	£2,523	£2,713	£12,013
Change In Property Value	£2,499	£2,561	£4,725	£6,035	£6,946	£22,767
Net Return	£4,665	£4,795	£7,102	£8,559	£9,659	£34,780
Return From Rental Income (%)	7%	7%	8%	8%	9%	39%
Total Net Return (%)	15%	15%	23%	28%	31%	112%