	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,932	£8,051	£8,172	£8,376	£8,585	£41,116
Total Expenses	£6,781	£6,843	£6,896	£6,959	£7,022	£34,501
Profit Before Tax	£1,151	£1,208	£1,275	£1,418	£1,563	£6,615
Profit After Tax	£932	£978	£1,033	£1,148	£1,266	£5,358
Change In Property Value	£3,719	£7,022	£8,081	£8,566	£6,810	£34,198
Net Return	£4,651	£8,000	£9,115	£9,714	£8,077	£39,556
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	12%	21%	24%	25%	21%	104%