	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,792	£10,037	£10,288	£10,545	£50,261
Total Expenses	£5,936	£6,001	£6,068	£6,137	£6,206	£30,348
Profit Before Tax	£3,664	£3,791	£3,969	£4,150	£4,339	£19,914
Profit After Tax	£2,968	£3,071	£3,215	£3,362	£3,515	£16,130
Change In Property Value	£1,500	£1,530	£3,121	£4,058	£4,686	£14,895
Net Return	£4,468	£4,601	£6,336	£7,419	£8,201	£31,025
Return From Rental Income (%)	8%	8%	9%	9%	9%	44%
Total Net Return (%)	12%	12%	17%	20%	22%	84%