	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,100	£11,266	£11,548	£11,837	£12,192	£57,944
Total Expenses	£10,450	£10,513	£10,584	£10,656	£10,735	£52,937
Profit Before Tax	£650	£754	£965	£1,180	£1,457	£5,007
Profit After Tax	£527	£611	£781	£956	£1,181	£4,055
Change In Property Value	£3,700	£3,774	£7,699	£10,009	£10,509	£35,691
Net Return	£4,227	£4,385	£8,480	£10,965	£11,690	£39,746
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	7%	8%	15%	19%	21%	70%