	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,276	£12,460	£12,772	£13,091	£13,484	£64,082
Total Expenses	£11,956	£12,021	£12,095	£12,170	£12,252	£60,494
Profit Before Tax	£320	£440	£677	£921	£1,231	£3,588
Profit After Tax	£259	£356	£548	£746	£997	£2,907
Change In Property Value	£4,400	£4,488	£9,156	£11,902	£12,497	£42,443
Net Return	£4,659	£4,844	£9,704	£12,648	£13,495	£45,350
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	7%	7%	14%	19%	20%	68%