	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,280	£8,404	£8,530	£8,744	£8,962	£42,920
Total Expenses	£7,075	£7,138	£7,191	£7,254	£7,319	£35,977
Profit Before Tax	£1,205	£1,267	£1,339	£1,489	£1,643	£6,943
Profit After Tax	£976	£1,026	£1,085	£1,206	£1,331	£5,624
Change In Property Value	£3,300	£6,089	£7,776	£8,950	£6,325	£32,439
Net Return	£4,276	£7,115	£8,861	£10,156	£7,656	£38,063
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	11%	18%	22%	25%	19%	94%