	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,560	£7,673	£7,865	£8,062	£8,304	£39,464
Total Expenses	£6,922	£6,979	£7,041	£7,105	£7,172	£35,219
Profit Before Tax	£638	£694	£824	£957	£1,132	£4,245
Profit After Tax	£517	£562	£667	£775	£917	£3,439
Change In Property Value	£3,150	£3,245	£6,127	£7,051	£7,474	£27,047
Net Return	£3,667	£3,807	£6,794	£7,826	£8,391	£30,485
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	11%	12%	21%	24%	26%	94%