	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,320	£7,466	£7,653	£7,844	£8,040	£38,324
Total Expenses	£5,993	£6,019	£6,049	£6,079	£6,109	£30,248
Profit Before Tax	£1,327	£1,447	£1,605	£1,766	£1,932	£8,076
Profit After Tax	£1,075	£1,172	£1,300	£1,430	£1,565	£6,542
Change In Property Value	£3,600	£3,708	£6,365	£8,020	£8,502	£30,195
Net Return	£4,675	£4,880	£7,665	£9,451	£10,066	£36,737
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	21%	26%	27%	99%