	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,928	£9,062	£9,198	£9,428	£9,663	£46,279
Total Expenses	£8,041	£8,104	£8,159	£8,224	£8,290	£40,817
Profit Before Tax	£887	£958	£1,039	£1,204	£1,374	£5,462
Profit After Tax	£719	£776	£842	£975	£1,113	£4,424
Change In Property Value	£3,200	£6,528	£8,486	£8,911	£6,549	£33,674
Net Return	£3,919	£7,304	£9,328	£9,886	£7,662	£38,099
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	8%	15%	19%	20%	16%	78%