	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,480	£12,667	£12,984	£13,308	£13,708	£65,147
Total Expenses	£12,064	£12,094	£12,136	£12,180	£12,230	£60,703
Profit Before Tax	£417	£573	£848	£1,129	£1,478	£4,444
Profit After Tax	£337	£465	£687	£914	£1,197	£3,600
Change In Property Value	£6,500	£6,663	£12,292	£15,700	£18,069	£59,224
Net Return	£6,837	£7,127	£12,979	£16,614	£19,266	£62,824
Return From Rental Income (%)	0%	1%	1%	1%	2%	5%
Total Net Return (%)	9%	9%	16%	21%	24%	79%