	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,000	£9,135	£9,272	£9,504	£9,741	£46,652
Total Expenses	£8,692	£8,755	£8,810	£8,875	£8,941	£44,072
Profit Before Tax	£309	£380	£462	£629	£800	£2,580
Profit After Tax	£250	£308	£374	£510	£648	£2,090
Change In Property Value	£2	£3,600	£6,426	£8,551	£5,957	£24,537
Net Return	£252	£3,908	£6,801	£9,061	£6,606	£26,627
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	48%