	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,260	£7,369	£7,553	£7,742	£7,974	£37,898
Total Expenses	£5,590	£5,613	£5,642	£5,672	£5,706	£28,222
Profit Before Tax	£1,670	£1,756	£1,911	£2,070	£2,269	£9,676
Profit After Tax	£1,352	£1,423	£1,548	£1,677	£1,838	£7,838
Change In Property Value	£3,850	£3,985	£6,481	£7,459	£7,906	£29,681
Net Return	£5,202	£5,407	£8,029	£9,136	£9,744	£37,519
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	15%	16%	24%	27%	29%	110%