	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,600	£6,732	£6,867	£7,038	£7,214	£34,451
Total Expenses	£4,378	£4,403	£4,427	£4,455	£4,483	£22,145
Profit Before Tax	£2,223	£2,329	£2,440	£2,584	£2,731	£12,306
Profit After Tax	£1,800	£1,886	£1,976	£2,093	£2,212	£9,968
Change In Property Value	£3,000	£5,150	£6,489	£6,878	£6,076	£27,593
Net Return	£4,800	£7,036	£8,465	£8,971	£8,288	£37,561
Return From Rental Income (%)	6%	6%	6%	7%	7%	32%
Total Net Return (%)	15%	23%	27%	29%	27%	121%