	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,752	£7,868	£8,065	£8,267	£8,515	£40,466
Total Expenses	£6,235	£6,258	£6,288	£6,319	£6,355	£31,454
Profit Before Tax	£1,517	£1,611	£1,777	£1,947	£2,160	£9,012
Profit After Tax	£1,229	£1,305	£1,439	£1,577	£1,750	£7,300
Change In Property Value	£4,375	£4,528	£7,365	£8,476	£8,985	£33,728
Net Return	£5,604	£5,833	£8,804	£10,053	£10,734	£41,028
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	15%	15%	23%	26%	28%	107%