	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,604	£8,733	£8,864	£9,086	£9,313	£44,600
Total Expenses	£7,795	£7,821	£7,844	£7,877	£7,910	£39,247
Profit Before Tax	£809	£912	£1,020	£1,209	£1,403	£5,352
Profit After Tax	£655	£739	£826	£979	£1,136	£4,335
Change In Property Value	£3,000	£7,105	£9,455	£10,978	£8,069	£38,607
Net Return	£3,655	£7,844	£10,281	£11,957	£9,205	£42,942
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	6%	13%	17%	20%	15%	70%