	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,296	£7,405	£7,517	£7,704	£7,897	£37,819
Total Expenses	£5,947	£6,008	£6,060	£6,121	£6,183	£30,319
Profit Before Tax	£1,349	£1,397	£1,456	£1,584	£1,714	£7,501
Profit After Tax	£1,093	£1,132	£1,180	£1,283	£1,389	£6,076
Change In Property Value	£3,000	£5,665	£6,520	£6,911	£5,494	£27,590
Net Return	£4,093	£6,797	£7,700	£8,194	£6,883	£33,666
Return From Rental Income (%)	4%	4%	4%	4%	4%	20%
Total Net Return (%)	13%	22%	25%	26%	22%	109%