	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,720	£9,866	£10,014	£10,264	£10,521	£50,384
Total Expenses	£8,764	£8,828	£8,884	£8,951	£9,019	£44,445
Profit Before Tax	£957	£1,038	£1,130	£1,313	£1,502	£5,939
Profit After Tax	£775	£841	£915	£1,064	£1,216	£4,811
Change In Property Value	£4,500	£8,303	£10,604	£12,204	£8,624	£44,235
Net Return	£5,275	£9,143	£11,519	£13,268	£9,841	£49,046
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	10%	17%	21%	24%	18%	89%