	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,796	£8,928	£9,062	£9,288	£9,521	£45,595
Total Expenses	£8,028	£8,091	£8,145	£8,210	£8,276	£40,749
Profit Before Tax	£768	£837	£917	£1,079	£1,245	£4,846
Profit After Tax	£622	£678	£743	£874	£1,009	£3,925
Change In Property Value	£2	£3,200	£5,712	£7,601	£5,295	£21,810
Net Return	£624	£3,878	£6,455	£8,475	£6,304	£25,736
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	53%