	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,196	£8,319	£8,444	£8,655	£8,871	£42,485
Total Expenses	£7,002	£7,065	£7,118	£7,181	£7,245	£35,612
Profit Before Tax	£1,194	£1,254	£1,326	£1,474	£1,626	£6,873
Profit After Tax	£967	£1,016	£1,074	£1,194	£1,317	£5,567
Change In Property Value	£3,900	£7,365	£8,476	£8,984	£7,143	£35,867
Net Return	£4,867	£8,380	£9,550	£10,178	£8,460	£41,435
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	12%	21%	24%	25%	21%	104%