	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,368	£10,524	£10,787	£11,056	£11,388	£54,122
Total Expenses	£9,782	£9,843	£9,912	£9,983	£10,059	£49,579
Profit Before Tax	£586	£680	£874	£1,073	£1,329	£4,543
Profit After Tax	£475	£551	£708	£869	£1,076	£3,680
Change In Property Value	£2	£2	£3,400	£6,069	£8,076	£17,549
Net Return	£477	£553	£4,108	£6,938	£9,153	£21,229
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	1%	8%	13%	18%	41%