	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,916	£9,050	£9,276	£9,508	£9,793	£46,543
Total Expenses	£8,248	£8,307	£8,373	£8,440	£8,511	£41,878
Profit Before Tax	£668	£743	£903	£1,068	£1,282	£4,665
Profit After Tax	£541	£602	£732	£865	£1,039	£3,778
Change In Property Value	£3,375	£3,459	£6,383	£8,152	£9,382	£30,751
Net Return	£3,916	£4,061	£7,114	£9,017	£10,421	£34,529
Return From Rental Income (%)	1%	1%	2%	2%	3%	9%
Total Net Return (%)	9%	10%	17%	22%	25%	83%