	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,116	£7,258	£7,440	£7,626	£7,816	£37,256
Total Expenses	£6,282	£6,343	£6,404	£6,466	£6,528	£32,023
Profit Before Tax	£834	£916	£1,036	£1,160	£1,289	£5,234
Profit After Tax	£675	£742	£839	£939	£1,044	£4,239
Change In Property Value	£2,700	£2,781	£4,774	£6,015	£6,376	£22,647
Net Return	£3,375	£3,523	£5,613	£6,955	£7,420	£26,886
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	11%	11%	18%	23%	24%	88%