	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,500	£7,650	£7,841	£8,037	£8,238	£39,267
Total Expenses	£6,209	£6,236	£6,266	£6,296	£6,327	£31,334
Profit Before Tax	£1,291	£1,414	£1,576	£1,741	£1,911	£7,932
Profit After Tax	£1,045	£1,145	£1,276	£1,410	£1,548	£6,425
Change In Property Value	£3,750	£3,863	£6,631	£8,355	£8,856	£31,454
Net Return	£4,795	£5,008	£7,907	£9,765	£10,404	£37,879
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	12%	13%	21%	25%	27%	98%