	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,916	£9,050	£9,185	£9,415	£9,651	£46,217
Total Expenses	£8,200	£8,264	£8,318	£8,383	£8,449	£41,615
Profit Before Tax	£716	£786	£867	£1,032	£1,201	£4,601
Profit After Tax	£580	£637	£702	£836	£973	£3,727
Change In Property Value	£4,125	£7,611	£9,720	£11,187	£7,906	£40,549
Net Return	£4,705	£8,247	£10,423	£12,023	£8,879	£44,276
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	9%	16%	21%	24%	18%	88%