	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,796	£11,973	£12,272	£12,579	£12,956	£61,577
Total Expenses	£11,115	£11,178	£11,251	£11,326	£11,406	£56,276
Profit Before Tax	£681	£795	£1,021	£1,253	£1,550	£5,301
Profit After Tax	£552	£644	£827	£1,015	£1,256	£4,294
Change In Property Value	£5,000	£5,125	£9,456	£12,077	£13,899	£45,557
Net Return	£5,552	£5,769	£10,283	£13,092	£15,155	£49,851
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	9%	9%	17%	21%	25%	82%