	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,504	£9,647	£9,888	£10,135	£10,439	£49,612
Total Expenses	£8,989	£9,014	£9,049	£9,085	£9,126	£45,263
Profit Before Tax	£515	£632	£838	£1,050	£1,313	£4,349
Profit After Tax	£417	£512	£679	£850	£1,063	£3,523
Change In Property Value	£4,750	£4,869	£8,983	£11,473	£13,204	£43,279
Net Return	£5,167	£5,381	£9,662	£12,324	£14,268	£46,802
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	9%	9%	17%	21%	25%	81%