	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,360	£6,487	£6,617	£6,782	£6,952	£33,198
Total Expenses	£4,997	£5,022	£5,045	£5,072	£5,100	£25,237
Profit Before Tax	£1,363	£1,465	£1,571	£1,710	£1,852	£7,961
Profit After Tax	£1,104	£1,187	£1,273	£1,385	£1,500	£6,449
Change In Property Value	£3,600	£6,180	£7,787	£8,254	£7,291	£33,112
Net Return	£4,704	£7,367	£9,060	£9,639	£8,791	£39,560
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	18%	22%	24%	22%	97%