	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,372	£12,558	£12,872	£13,193	£13,589	£64,584
Total Expenses	£12,164	£12,229	£12,303	£12,379	£12,461	£61,536
Profit Before Tax	£208	£329	£569	£814	£1,128	£3,048
Profit After Tax	£168	£266	£461	£660	£914	£2,468
Change In Property Value	£4,500	£4,590	£9,364	£12,173	£12,781	£43,408
Net Return	£4,668	£4,856	£9,824	£12,832	£13,695	£45,876
Return From Rental Income (%)	0%	0%	1%	1%	1%	4%
Total Net Return (%)	7%	7%	14%	19%	20%	67%