	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,000	£12,180	£12,484	£12,797	£13,181	£62,642
Total Expenses	£11,619	£11,648	£11,689	£11,732	£11,781	£58,469
Profit Before Tax	£381	£532	£795	£1,065	£1,400	£4,173
Profit After Tax	£309	£431	£644	£863	£1,134	£3,380
Change In Property Value	£6,250	£6,406	£11,820	£15,096	£17,374	£56,946
Net Return	£6,559	£6,837	£12,464	£15,959	£18,508	£60,326
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	9%	9%	16%	21%	24%	79%