	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,472	£11,644	£11,819	£12,114	£12,417	£59,466
Total Expenses	£10,387	£10,454	£10,512	£10,584	£10,657	£52,593
Profit Before Tax	£1,085	£1,190	£1,306	£1,531	£1,761	£6,873
Profit After Tax	£879	£964	£1,058	£1,240	£1,426	£5,567
Change In Property Value	£2	£4,500	£8,033	£10,689	£7,447	£30,671
Net Return	£881	£5,464	£9,091	£11,929	£8,873	£36,238
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	53%