	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,700	£7,816	£7,933	£8,131	£8,334	£39,914
Total Expenses	£6,309	£6,371	£6,424	£6,485	£6,548	£32,137
Profit Before Tax	£1,391	£1,445	£1,509	£1,646	£1,786	£7,777
Profit After Tax	£1,127	£1,170	£1,222	£1,333	£1,447	£6,299
Change In Property Value	£3,300	£6,232	£7,172	£7,602	£6,044	£30,349
Net Return	£4,427	£7,402	£8,394	£8,935	£7,491	£36,648
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	22%	25%	26%	22%	108%