	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,200	£7,344	£7,528	£7,716	£7,909	£37,696
Total Expenses	£4,394	£4,420	£4,449	£4,479	£4,509	£22,250
Profit Before Tax	£2,806	£2,924	£3,079	£3,237	£3,400	£15,446
Profit After Tax	£2,273	£2,369	£2,494	£2,622	£2,754	£12,511
Change In Property Value	£2,400	£2,472	£4,244	£5,347	£5,668	£20,130
Net Return	£4,673	£4,841	£6,737	£7,969	£8,422	£32,641
Return From Rental Income (%)	8%	9%	9%	10%	10%	46%
Total Net Return (%)	17%	18%	25%	29%	31%	119%