	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,396	£12,582	£12,771	£13,090	£13,417	£64,256
Total Expenses	£11,911	£11,979	£12,039	£12,113	£12,188	£60,231
Profit Before Tax	£485	£603	£731	£977	£1,229	£4,025
Profit After Tax	£393	£488	£592	£791	£995	£3,260
Change In Property Value	£3	£5,390	£9,621	£12,803	£8,920	£36,737
Net Return	£396	£5,878	£10,214	£13,594	£9,915	£39,997
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	48%