	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,220	£8,343	£8,468	£8,680	£8,897	£42,609
Total Expenses	£6,603	£6,665	£6,718	£6,781	£6,846	£33,613
Profit Before Tax	£1,617	£1,678	£1,750	£1,899	£2,051	£8,996
Profit After Tax	£1,310	£1,360	£1,418	£1,538	£1,662	£7,287
Change In Property Value	£4,113	£6,689	£7,698	£8,160	£7,208	£33,867
Net Return	£5,423	£8,048	£9,116	£9,698	£8,870	£41,154
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	15%	22%	25%	27%	24%	114%