	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,248	£7,357	£7,541	£7,729	£7,961	£37,836
Total Expenses	£5,787	£5,810	£5,839	£5,869	£5,903	£29,207
Profit Before Tax	£1,461	£1,547	£1,702	£1,860	£2,058	£8,628
Profit After Tax	£1,183	£1,253	£1,378	£1,507	£1,667	£6,989
Change In Property Value	£4,025	£4,166	£6,775	£7,798	£8,266	£31,030
Net Return	£5,208	£5,419	£8,154	£9,305	£9,933	£38,019
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	15%	15%	23%	26%	28%	107%