	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,252	£12,436	£12,622	£12,938	£13,261	£63,509
Total Expenses	£11,269	£11,337	£11,397	£11,470	£11,545	£57,019
Profit Before Tax	£983	£1,098	£1,225	£1,468	£1,716	£6,490
Profit After Tax	£796	£890	£993	£1,189	£1,390	£5,257
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£799	£5,890	£9,918	£13,065	£9,664	£39,336
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	8%	13%	17%	13%	52%