	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,268	£11,437	£11,609	£11,899	£12,196	£58,409
Total Expenses	£10,527	£10,594	£10,652	£10,723	£10,795	£53,291
Profit Before Tax	£741	£843	£956	£1,176	£1,401	£5,117
Profit After Tax	£600	£683	£775	£952	£1,135	£4,145
Change In Property Value	£2	£4,600	£8,211	£10,927	£7,612	£31,352
Net Return	£602	£5,283	£8,986	£11,879	£8,747	£35,497
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	8%	13%	17%	12%	51%