	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,536	£7,687	£7,840	£8,036	£8,237	£39,337
Total Expenses	£5,919	£5,947	£5,972	£6,002	£6,033	£29,873
Profit Before Tax	£1,617	£1,740	£1,868	£2,034	£2,204	£9,464
Profit After Tax	£1,310	£1,410	£1,513	£1,648	£1,786	£7,666
Change In Property Value	£4,350	£7,468	£9,409	£9,974	£8,810	£40,010
Net Return	£5,660	£8,877	£10,922	£11,621	£10,596	£47,676
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	12%	18%	22%	24%	22%	98%