	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,224	£7,368	£7,516	£7,704	£7,896	£37,708
Total Expenses	£5,779	£5,843	£5,899	£5,960	£6,022	£29,503
Profit Before Tax	£1,445	£1,525	£1,617	£1,744	£1,875	£8,205
Profit After Tax	£1,170	£1,235	£1,309	£1,413	£1,518	£6,646
Change In Property Value	£2,850	£4,893	£6,165	£6,534	£5,772	£26,214
Net Return	£4,020	£6,128	£7,474	£7,947	£7,291	£32,860
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	19%	23%	25%	23%	102%