	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,116	£7,258	£7,403	£7,589	£7,778	£37,145
Total Expenses	£5,607	£5,672	£5,727	£5,787	£5,849	£28,643
Profit Before Tax	£1,509	£1,587	£1,676	£1,801	£1,929	£8,502
Profit After Tax	£1,222	£1,285	£1,358	£1,459	£1,563	£6,887
Change In Property Value	£2,700	£4,635	£5,840	£6,191	£5,468	£24,834
Net Return	£3,922	£5,920	£7,198	£7,649	£7,031	£31,721
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	13%	19%	23%	25%	23%	103%