	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,336	£12,521	£12,709	£13,027	£13,352	£63,945
Total Expenses	£11,503	£11,571	£11,631	£11,704	£11,780	£58,189
Profit Before Tax	£833	£950	£1,078	£1,322	£1,573	£5,756
Profit After Tax	£675	£769	£873	£1,071	£1,274	£4,662
Change In Property Value	£3	£5,140	£9,175	£12,209	£8,506	£35,033
Net Return	£678	£5,910	£10,048	£13,280	£9,780	£39,695
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	8%	13%	17%	12%	51%