	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£3,504	£3,557	£3,610	£3,700	£3,793	£18,163
Total Expenses	£2,940	£2,958	£2,974	£2,993	£3,013	£14,877
Profit Before Tax	£564	£599	£636	£707	£780	£3,286
Profit After Tax	£457	£485	£515	£573	£632	£2,661
Change In Property Value	£2,273	£3,697	£4,255	£4,511	£3,984	£18,721
Net Return	£2,730	£4,182	£4,771	£5,083	£4,616	£21,382
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	13%	20%	23%	25%	23%	104%