	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,200	£7,308	£7,418	£7,603	£7,793	£37,322
Total Expenses	£5,938	£5,998	£6,050	£6,111	£6,172	£30,269
Profit Before Tax	£1,263	£1,310	£1,367	£1,492	£1,621	£7,053
Profit After Tax	£1,023	£1,061	£1,108	£1,209	£1,313	£5,713
Change In Property Value	£3,000	£5,665	£6,520	£6,911	£5,494	£27,590
Net Return	£4,023	£6,726	£7,627	£8,120	£6,807	£33,303
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	22%	25%	26%	22%	107%