	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,760	£11,936	£12,235	£12,541	£12,917	£61,389
Total Expenses	£11,198	£11,227	£11,268	£11,309	£11,358	£56,360
Profit Before Tax	£562	£709	£967	£1,231	£1,559	£5,029
Profit After Tax	£455	£575	£783	£997	£1,263	£4,074
Change In Property Value	£6,000	£6,150	£11,347	£14,492	£16,679	£54,668
Net Return	£6,455	£6,725	£12,130	£15,490	£17,942	£58,742
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	9%	9%	17%	21%	25%	80%