	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,372	£12,558	£12,746	£13,065	£13,391	£64,131
Total Expenses	£12,085	£12,154	£12,214	£12,287	£12,363	£61,103
Profit Before Tax	£287	£404	£532	£777	£1,028	£3,028
Profit After Tax	£232	£327	£431	£630	£833	£2,453
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£235	£5,827	£10,249	£13,694	£9,935	£39,939
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	16%	12%	47%