	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,096	£9,232	£9,463	£9,700	£9,991	£47,482
Total Expenses	£8,464	£8,524	£8,590	£8,657	£8,729	£42,964
Profit Before Tax	£632	£709	£873	£1,043	£1,262	£4,518
Profit After Tax	£512	£574	£708	£844	£1,022	£3,660
Change In Property Value	£4,200	£4,326	£8,169	£9,402	£9,966	£36,062
Net Return	£4,712	£4,900	£8,876	£10,246	£10,988	£39,722
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	11%	11%	21%	24%	26%	92%