	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,448	£11,620	£11,794	£12,089	£12,391	£59,342
Total Expenses	£10,513	£10,580	£10,638	£10,710	£10,783	£53,224
Profit Before Tax	£935	£1,040	£1,156	£1,379	£1,608	£6,118
Profit After Tax	£757	£842	£936	£1,117	£1,303	£4,955
Change In Property Value	£2	£4,580	£8,175	£10,879	£7,579	£31,216
Net Return	£760	£5,422	£9,111	£11,996	£8,882	£36,171
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	8%	13%	17%	13%	52%