	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,396	£9,537	£9,680	£9,922	£10,170	£48,705
Total Expenses	£8,538	£8,602	£8,657	£8,723	£8,791	£43,312
Profit Before Tax	£858	£935	£1,023	£1,199	£1,379	£5,393
Profit After Tax	£695	£757	£828	£971	£1,117	£4,368
Change In Property Value	£2	£3,480	£6,212	£8,266	£5,759	£23,719
Net Return	£697	£4,237	£7,040	£9,237	£6,876	£28,087
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	53%