	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,040	£11,206	£11,374	£11,658	£11,949	£57,227
Total Expenses	£10,504	£10,571	£10,629	£10,699	£10,771	£53,173
Profit Before Tax	£536	£635	£745	£959	£1,179	£4,054
Profit After Tax	£434	£514	£604	£777	£955	£3,283
Change In Property Value	£2	£4,600	£8,211	£10,927	£7,612	£31,352
Net Return	£436	£5,114	£8,815	£11,704	£8,567	£34,636
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	13%	17%	12%	49%