	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,657	£10,817	£11,088	£11,365	£54,428
Total Expenses	£9,807	£9,873	£9,929	£9,998	£10,069	£49,676
Profit Before Tax	£693	£785	£888	£1,089	£1,296	£4,752
Profit After Tax	£562	£636	£719	£882	£1,050	£3,849
Change In Property Value	£2,100	£6,363	£8,739	£10,224	£8,310	£35,735
Net Return	£2,662	£6,999	£9,458	£11,107	£9,360	£39,584
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	4%	11%	15%	17%	15%	62%