	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,812	£7,929	£8,048	£8,249	£8,456	£40,494
Total Expenses	£6,320	£6,382	£6,435	£6,497	£6,560	£32,195
Profit Before Tax	£1,492	£1,547	£1,613	£1,752	£1,895	£8,299
Profit After Tax	£1,208	£1,253	£1,307	£1,419	£1,535	£6,722
Change In Property Value	£3,300	£6,232	£7,172	£7,602	£6,044	£30,349
Net Return	£4,508	£7,485	£8,478	£9,022	£7,579	£37,072
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	13%	22%	25%	27%	22%	109%