	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,560	£7,673	£7,789	£7,983	£8,183	£39,188
Total Expenses	£6,134	£6,196	£6,248	£6,310	£6,372	£31,260
Profit Before Tax	£1,426	£1,478	£1,540	£1,674	£1,811	£7,928
Profit After Tax	£1,155	£1,197	£1,248	£1,356	£1,467	£6,422
Change In Property Value	£2,625	£4,305	£6,156	£7,085	£5,007	£25,178
Net Return	£3,780	£5,502	£7,404	£8,441	£6,473	£31,600
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	17%	23%	26%	20%	97%