	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,800	£7,956	£8,115	£8,318	£8,526	£40,715
Total Expenses	£5,998	£6,063	£6,120	£6,182	£6,246	£30,608
Profit Before Tax	£1,803	£1,893	£1,995	£2,136	£2,280	£10,107
Profit After Tax	£1,460	£1,533	£1,616	£1,730	£1,847	£8,186
Change In Property Value	£3,000	£5,150	£6,489	£6,878	£6,076	£27,593
Net Return	£4,460	£6,683	£8,105	£8,608	£7,923	£35,780
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	13%	20%	24%	25%	23%	105%