	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,600	£6,699	£6,866	£7,038	£7,249	£34,453
Total Expenses	£5,128	£5,149	£5,176	£5,205	£5,236	£25,894
Profit Before Tax	£1,473	£1,550	£1,690	£1,834	£2,013	£8,559
Profit After Tax	£1,193	£1,256	£1,369	£1,485	£1,631	£6,933
Change In Property Value	£3,500	£3,623	£5,892	£6,781	£7,188	£26,983
Net Return	£4,693	£4,878	£7,261	£8,266	£8,818	£33,916
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	15%	16%	23%	27%	28%	109%