	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,640	£11,815	£11,992	£12,292	£12,599	£60,337
Total Expenses	£10,806	£10,873	£10,932	£11,004	£11,077	£54,691
Profit Before Tax	£834	£942	£1,060	£1,288	£1,522	£5,646
Profit After Tax	£676	£763	£859	£1,043	£1,233	£4,573
Change In Property Value	£2	£4,750	£8,479	£11,283	£7,860	£32,375
Net Return	£678	£5,513	£9,337	£12,326	£9,093	£36,948
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	8%	13%	17%	13%	51%