	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,476	£7,588	£7,702	£7,895	£8,092	£38,752
Total Expenses	£6,287	£6,348	£6,400	£6,462	£6,524	£32,021
Profit Before Tax	£1,189	£1,240	£1,302	£1,433	£1,568	£6,732
Profit After Tax	£963	£1,004	£1,054	£1,161	£1,270	£5,453
Change In Property Value	£2,750	£4,510	£6,449	£7,423	£5,245	£26,377
Net Return	£3,713	£5,514	£7,504	£8,583	£6,515	£31,830
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	11%	16%	22%	25%	19%	94%