	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	£7,835	£7,861	£7,885	£7,919	£7,953	£39,453
Profit Before Tax	£1,165	£1,274	£1,387	£1,585	£1,788	£7,200
Profit After Tax	£944	£1,032	£1,124	£1,284	£1,449	£5,832
Change In Property Value	£3,000	£7,105	£9,455	£10,978	£8,069	£38,607
Net Return	£3,944	£8,137	£10,578	£12,262	£9,517	£44,438
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	6%	13%	17%	20%	16%	73%