	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£12,269	£12,338	£12,398	£12,472	£12,548	£62,026
Profit Before Tax	£331	£451	£583	£833	£1,090	£3,288
Profit After Tax	£268	£365	£472	£675	£883	£2,663
Change In Property Value	£3	£5,600	£9,996	£13,302	£9,267	£38,168
Net Return	£271	£5,965	£10,468	£13,977	£10,150	£40,831
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	16%	12%	47%