	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,920	£11,084	£11,361	£11,645	£11,994	£57,004
Total Expenses	£9,924	£9,952	£9,990	£10,029	£10,075	£49,970
Profit Before Tax	£996	£1,132	£1,371	£1,615	£1,919	£7,034
Profit After Tax	£807	£917	£1,110	£1,309	£1,555	£5,697
Change In Property Value	£4,200	£4,284	£8,739	£11,361	£11,929	£40,514
Net Return	£5,007	£5,201	£9,850	£12,670	£13,484	£46,211
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	8%	8%	15%	20%	21%	72%