	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,732	£9,878	£10,125	£10,378	£10,689	£50,802
Total Expenses	£9,202	£9,263	£9,330	£9,400	£9,473	£46,668
Profit Before Tax	£530	£615	£795	£978	£1,216	£4,134
Profit After Tax	£429	£498	£644	£793	£985	£3,349
Change In Property Value	£5,495	£5,687	£9,250	£10,646	£11,285	£42,363
Net Return	£5,924	£6,186	£9,894	£11,438	£12,270	£45,712
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	12%	13%	21%	24%	26%	95%