	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,064	£8,225	£8,431	£8,642	£8,858	£42,220
Total Expenses	£6,464	£6,492	£6,523	£6,555	£6,587	£32,622
Profit Before Tax	£1,600	£1,734	£1,908	£2,087	£2,270	£9,598
Profit After Tax	£1,296	£1,404	£1,545	£1,690	£1,839	£7,774
Change In Property Value	£3,900	£4,017	£6,896	£8,689	£9,210	£32,712
Net Return	£5,196	£5,421	£8,441	£10,379	£11,049	£40,486
Return From Rental Income (%)	3%	4%	4%	4%	5%	19%
Total Net Return (%)	13%	14%	21%	26%	28%	101%