	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	£6,963	£7,028	£7,085	£7,147	£7,211	£35,435
Profit Before Tax	£837	£928	£1,030	£1,171	£1,315	£5,280
Profit After Tax	£678	£751	£834	£948	£1,065	£4,277
Change In Property Value	£3,900	£6,695	£8,436	£8,942	£7,899	£35,871
Net Return	£4,578	£7,446	£9,270	£9,890	£8,964	£40,148
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	10%	17%	21%	23%	20%	91%