	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,580	£8,709	£8,926	£9,150	£9,424	£44,789
Total Expenses	£8,016	£8,075	£8,139	£8,206	£8,276	£40,711
Profit Before Tax	£564	£634	£787	£944	£1,148	£4,078
Profit After Tax	£457	£514	£638	£765	£930	£3,303
Change In Property Value	£4,550	£4,709	£7,659	£8,815	£9,344	£35,078
Net Return	£5,007	£5,223	£8,297	£9,580	£10,274	£38,381
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	13%	13%	21%	24%	26%	96%