	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,192	£12,375	£12,561	£12,875	£13,196	£63,198
Total Expenses	£11,746	£11,814	£11,873	£11,947	£12,021	£59,401
Profit Before Tax	£446	£561	£687	£928	£1,175	£3,797
Profit After Tax	£362	£454	£557	£752	£952	£3,076
Change In Property Value	£2,650	£8,030	£11,027	£12,902	£10,486	£45,095
Net Return	£3,012	£8,484	£11,584	£13,653	£11,438	£48,171
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	4%	10%	14%	17%	14%	59%