	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,068	£7,174	£7,282	£7,464	£7,650	£36,638
Total Expenses	£5,699	£5,760	£5,811	£5,871	£5,933	£29,074
Profit Before Tax	£1,369	£1,414	£1,470	£1,592	£1,717	£7,563
Profit After Tax	£1,109	£1,146	£1,191	£1,290	£1,391	£6,126
Change In Property Value	£2,790	£5,268	£6,064	£6,427	£5,110	£25,659
Net Return	£3,899	£6,414	£7,254	£7,717	£6,501	£31,785
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	13%	22%	25%	27%	22%	110%