	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,400	£11,571	£11,860	£12,157	£12,521	£59,510
Total Expenses	£11,075	£11,138	£11,210	£11,284	£11,363	£56,069
Profit Before Tax	£325	£433	£650	£873	£1,159	£3,440
Profit After Tax	£263	£351	£527	£707	£939	£2,787
Change In Property Value	£2	£2	£4,000	£7,140	£9,501	£20,646
Net Return	£265	£353	£4,527	£7,847	£10,440	£23,432
Return From Rental Income (%)	0%	1%	1%	1%	2%	5%
Total Net Return (%)	0%	1%	7%	13%	17%	38%