	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,200	£7,344	£7,528	£7,716	£7,909	£37,696
Total Expenses	£5,981	£6,007	£6,036	£6,066	£6,096	£30,185
Profit Before Tax	£1,219	£1,337	£1,492	£1,650	£1,813	£7,511
Profit After Tax	£987	£1,083	£1,208	£1,337	£1,468	£6,084
Change In Property Value	£3,600	£3,708	£6,365	£8,020	£8,502	£30,195
Net Return	£4,587	£4,791	£7,574	£9,357	£9,970	£36,279
Return From Rental Income (%)	3%	3%	3%	4%	4%	16%
Total Net Return (%)	12%	13%	20%	25%	27%	98%