	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,520	£11,693	£11,868	£12,165	£12,469	£59,715
Total Expenses	£10,874	£10,941	£11,000	£11,071	£11,144	£55,031
Profit Before Tax	£646	£752	£868	£1,094	£1,325	£4,684
Profit After Tax	£523	£609	£703	£886	£1,073	£3,794
Change In Property Value	£2	£4,800	£8,568	£11,402	£7,943	£32,715
Net Return	£526	£5,409	£9,271	£12,287	£9,016	£36,510
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	13%	17%	12%	50%