	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,404	£7,515	£7,628	£7,818	£8,014	£38,379
Total Expenses	£5,958	£6,019	£6,071	£6,132	£6,194	£30,375
Profit Before Tax	£1,446	£1,496	£1,557	£1,686	£1,820	£8,005
Profit After Tax	£1,171	£1,212	£1,261	£1,366	£1,474	£6,484
Change In Property Value	£3,000	£5,665	£6,520	£6,911	£5,494	£27,590
Net Return	£4,171	£6,877	£7,781	£8,277	£6,968	£34,074
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	13%	22%	25%	27%	22%	110%