	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,300	£9,439	£9,675	£9,917	£10,215	£48,547
Total Expenses	£8,604	£8,663	£8,730	£8,798	£8,870	£43,666
Profit Before Tax	£696	£776	£945	£1,119	£1,344	£4,882
Profit After Tax	£564	£629	£766	£907	£1,089	£3,954
Change In Property Value	£1,430	£1,444	£4,376	£6,010	£7,032	£20,292
Net Return	£1,994	£2,073	£5,142	£6,917	£8,121	£24,246
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	5%	5%	12%	16%	18%	55%