	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,744	£9,988	£10,237	£10,544	£50,113
Total Expenses	£8,911	£8,972	£9,039	£9,108	£9,181	£45,211
Profit Before Tax	£689	£772	£949	£1,129	£1,363	£4,902
Profit After Tax	£558	£626	£768	£915	£1,104	£3,971
Change In Property Value	£4,500	£4,635	£8,752	£10,073	£10,678	£38,638
Net Return	£5,058	£5,261	£9,521	£10,988	£11,782	£42,609
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	11%	11%	21%	24%	26%	93%