	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,748	£11,924	£12,103	£12,406	£12,716	£60,897
Total Expenses	£11,219	£11,286	£11,345	£11,417	£11,491	£56,758
Profit Before Tax	£529	£638	£758	£989	£1,225	£4,139
Profit After Tax	£429	£517	£614	£801	£992	£3,353
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£431	£5,517	£9,539	£12,677	£9,266	£37,431
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	7%	13%	17%	12%	49%