	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,200	£10,353	£10,508	£10,771	£11,040	£52,873
Total Expenses	£9,455	£9,520	£9,577	£9,645	£9,715	£47,912
Profit Before Tax	£745	£833	£931	£1,126	£1,326	£4,961
Profit After Tax	£603	£674	£754	£912	£1,074	£4,018
Change In Property Value	£4,000	£8,160	£10,608	£11,138	£8,187	£42,093
Net Return	£4,603	£8,834	£11,362	£12,051	£9,261	£46,112
Return From Rental Income (%)	1%	1%	1%	1%	2%	7%
Total Net Return (%)	8%	14%	19%	20%	15%	76%