	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,420	£12,606	£12,795	£13,115	£13,443	£64,380
Total Expenses	£11,929	£11,998	£12,058	£12,132	£12,207	£60,324
Profit Before Tax	£491	£608	£738	£984	£1,236	£4,057
Profit After Tax	£398	£493	£597	£797	£1,001	£3,286
Change In Property Value	£2,700	£8,181	£11,235	£13,145	£10,684	£45,946
Net Return	£3,098	£8,674	£11,833	£13,942	£11,685	£49,231
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	4%	10%	14%	17%	14%	59%