	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,800	£7,956	£8,155	£8,359	£8,568	£40,837
Total Expenses	£4,407	£4,468	£4,531	£4,595	£4,659	£22,660
Profit Before Tax	£3,393	£3,488	£3,624	£3,763	£3,909	£18,177
Profit After Tax	£2,749	£2,825	£2,935	£3,048	£3,166	£14,723
Change In Property Value	£820	£836	£1,706	£2,218	£2,562	£8,143
Net Return	£3,569	£3,661	£4,642	£5,266	£5,728	£22,866
Return From Rental Income (%)	13%	14%	14%	15%	15%	71%
Total Net Return (%)	17%	18%	22%	25%	28%	111%