	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,840	£13,033	£13,358	£13,692	£14,103	£67,027
Total Expenses	£12,409	£12,475	£12,550	£12,627	£12,711	£62,772
Profit Before Tax	£431	£558	£808	£1,065	£1,392	£4,254
Profit After Tax	£349	£452	£655	£863	£1,128	£3,446
Change In Property Value	£4,600	£4,692	£9,572	£12,443	£13,065	£44,372
Net Return	£4,949	£5,144	£10,226	£13,306	£14,193	£47,818
Return From Rental Income (%)	0%	1%	1%	1%	2%	5%
Total Net Return (%)	7%	7%	15%	19%	20%	68%