	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,132	£9,315	£9,548	£9,786	£10,031	£47,811
Total Expenses	£7,079	£7,143	£7,210	£7,277	£7,344	£36,054
Profit Before Tax	£2,053	£2,171	£2,338	£2,509	£2,686	£11,757
Profit After Tax	£1,663	£1,759	£1,894	£2,032	£2,176	£9,524
Change In Property Value	£3,150	£3,245	£5,570	£7,018	£7,439	£26,421
Net Return	£4,813	£5,003	£7,463	£9,050	£9,615	£35,945
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	14%	14%	21%	25%	27%	101%