	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,500	£10,710	£10,924	£11,197	£11,477	£54,809
Total Expenses	£9,805	£9,876	£9,939	£10,008	£10,078	£49,706
Profit Before Tax	£695	£834	£986	£1,190	£1,399	£5,103
Profit After Tax	£563	£675	£798	£964	£1,133	£4,133
Change In Property Value	£6,299	£10,812	£13,624	£14,441	£12,756	£57,932
Net Return	£6,861	£11,488	£14,422	£15,405	£13,889	£62,065
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	13%	21%	27%	29%	26%	116%